What is Permanent Life Insurance?

All life insurance is designed to provide your loved ones
with financial security when you die. One of the most common
types of life insurance is called permanent
life insurance. Simply put, when you buy a
permanent life insurance policy, the benefit is guaranteed
for the rest of your life. The premium is also
typically guaranteed for the life of the policy, although some products
are adjustable. Permanent life insurance
provides you with the security of knowing your loved ones
will have lasting, stable protection. As you age, or as your
health deteriorates, purchasing a new plan
becomes much more costly, so permanent life insurance
provides peace of mind early, leaving you free to enjoy
your life now. Find more tips and tools
at sunlife.ca. Life’s brighter under the sun.

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