New answer on: When Does Permanent Life Insurance Make Sense?

By: Larry Gilmore

Larry Gilmore — Tue, 04 Jun 2013 23:27:53 +0000

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.

By: David Racich

David Racich — Tue, 04 Jun 2013 21:59:28 +0000

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.