4 Types of Permanent Life Insurance

There are four types of permanent life insurance:

• whole life,
• universal life,
• variable life,
• and variable universal life

What is Permanent Life Insurance?

Well, we are glad you asked. Permanent life insurance is a blanket term for life insurance that’s lifelong (unlike term life). In general, there are four types of permanent life insurance, which are listed above.

Each gives your beneficiaries a death benefit (payout) when you pass away—no matter when that happens. Permanent life also builds cash value over time that you can use for anything, at any time.

Again, Thanks for reading 4 Types of Permanent Life Insurance from your friends at Joyanna Insurance.

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