<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"

	xmlns:content="http://purl.org/rss/1.0/modules/content/"

	xmlns:dc="http://purl.org/dc/elements/1.1/"

	xmlns:atom="http://www.w3.org/2005/Atom"

	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"

	
	>

<channel>

	<title>New answer on: How Does Permanent Life Insurance Work?</title>

	<atom:link href="https://insurancelibrary.com/life-insurance/how-does-permanent-life-insurance-work/feed" rel="self" type="application/rss+xml" />

	<link>https://insurancelibrary.com/life-insurance/how-does-permanent-life-insurance-work</link>

	<description></description>

	<lastBuildDate>Thu, 08 Feb 2024 00:23:46 -0600</lastBuildDate>

	<sy:updatePeriod>hourly</sy:updatePeriod>

	<sy:updateFrequency>1</sy:updateFrequency>

	<generator>https://wordpress.org/?v=6.9.4</generator>


	<item>

		<title>By: David Pipes</title>

		<link>https://insurancelibrary.com/life-insurance/how-does-permanent-life-insurance-work</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Thu, 22 May 2014 21:50:26 +0000</pubDate>

		<guid isPermaLink="false">https://insurancelibrary.com/life-insurance/how-does-permanent-life-insurance-work</guid>


		<description><![CDATA[The permanent policy is designed to last a lifetime.&#160; Whole life policies not only last a lifetime but they are sustained by a level premium.&#160; Other permanent plans can have a flexible premium but they do not usually guarantee to last a lifetime.&#160; Actuaries compute what amount of money will need to be collected each year to pay deaths claims within the insured group in each year in the future.&#160; To maintain a level premium they will charge more in the early years than the cost of the “pure” insurance.&#160; This money, and the interest earned on the money combine to form the cash value of the whole life insurance policy.&#160; The cash value offsets the face amount of the policy reducing the need for “pure insurance.”&#160; At the time of death the beneficiary receives the face amount. ]]></description>

		

	</item>


	<item>

		<title>By: Jeff Davis</title>

		<link>https://insurancelibrary.com/life-insurance/how-does-permanent-life-insurance-work</link>

		<dc:creator>Jeff Davis</dc:creator>

		<pubDate>Sat, 19 Oct 2013 00:49:42 +0000</pubDate>

		<guid isPermaLink="false">https://insurancelibrary.com/life-insurance/how-does-permanent-life-insurance-work</guid>


		<description><![CDATA[There are really only 2 types of life insurance; permanent insurance which means it can last the rest of the insured&#039;s life and will typically not call for an increase in premium. Then there is term insurance which only last for a set term and then disappears. Many permanent policies are the only policies you can purchase that offer cash value build up within the policy.]]></description>

		

	</item>


</channel>

</rss>

