When Does Permanent Life Insurance Make Sense?

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    David RacichPRO
    Fountain Hills, Arizona
    Permanent Life Insurance makes sense when your financial liabilities are ongoing with no realistic end in sight and/or future obligations like college planning, weddings costs and retirement. The most inexpensive approach to funding permanent life insurance is utilizing guaranteed universal life insurance, which can insure you until age 120. 
     
    Answered on June 4, 2013
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    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    when does permanent life insurance make sense?  Permanent life insurance makes great sense if you life too long as term will be long gone at that point in your life. Term covers periods of time when unexpected death "may" occur. Permanent covers a life.  One type of insurance covers a probability and the other covers a certainty.
    Answered on June 4, 2013
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