Life Insurance

Term vs Permanent coverage

Share:

If you compare rates vs length of coverage, you'll find the comparison between renting your policy vs. owning your policy. Term, though a good product, is like renting. When you pay premiums and at the end of the term you have nothing. With permanent you pay a higher amount but for your entire life. Calculating the premiums in comparison over time, the permanent coverage is less costly.

Call 740-304-0055 and leave message for a free booklet. 

Published Jan 28, 2025

Written by Top Licensed Agent Kevin Steel


Loading