Permanent Life Insurance
Whole Life Insurance
Whole life insurance provides protection for a lifetime as long as the policy is in force. It offers guarantees not found in other forms of life insurance, including guaranteed premiums, guaranteed death benefit and guaranteed cash value growth.
Universal Life Insurance
Universal life insurance provides lifetime death benefit protection along with the flexibility to pay different amounts of premium as your financial or life circumstances change. With universal life insurance, you can increase or decrease coverage amounts, and pay more or less in premiums, as long as there is enough money in the account to pay for the monthly insurance and administrative charges.
Variable Universal Life Insurance
Variable universal life insurance combines the flexibility of a universal policy with the ability to allocate premiums to both fixed return and variable return accounts that grow cash value based on the performance of an underlying stock or bond portfolio.
Survivorship Life Insurance
Survivorship life insurance covers the lives of two individuals with one policy. It pays a death benefit after both insureds have died. The cost for this policy is usually lower than the cost of two individual policies.