What is Permanent Life Insurance?
Permanent Life Insurance does not use the fixed coverage period found in Term Life Insurance. The policy contract determines duration and conditions.
Permanent Life Insurance
Coverage without a fixed term.
Permanent Life Insurance may remain in effect while required premiums are paid and policy conditions are met. Some policies include cash value features.
Coverage summary
This page presents the structure, policy considerations and general information for this coverage type.
Coverage details
Review the essentials.
The sections below describe general features and considerations for this coverage type.
Coverage period
Coverage may remain in effect while premium and policy requirements continue to be met.
Cash value overview
Some permanent policies include cash value. Growth, access, fees, loan provisions and tax treatment depend on the contract and applicable law.
Coverage considerations
Permanent coverage may be reviewed for final expenses, estate planning or other needs without a fixed end date.
Policy considerations
Items to review before applying.
Policy selection depends on individual circumstances, carrier requirements and the terms of the insurance contract.
Coverage need
Consider the financial responsibilities and coverage period relevant to the application.
Policy details
Review duration, premiums, benefits, exclusions and available policy features.
Contract terms
The issued policy contract determines coverage, conditions and obligations.
Frequently asked questions
General information about this coverage.
Specific policy details vary by carrier, state and applicant.
Some permanent products include cash value. Features and values vary by policy type and carrier.
Quote request
Request information about this coverage.
Available products and policy terms depend on the carrier and applicant.