Author Topic: benefit of permanent life plan  (Read 415 times)

Offline TwitchingSpinning

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benefit of permanent life plan
« on: November 13, 2013, 12:31:29 AM »
As I myself is still on the market shopping for quotes and plan options, I wish to know what do I need and can benefit out of purchasing permanent life plan.
« Last Edit: November 13, 2013, 12:31:29 AM by Guest »
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Offline IceSpinning

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Re: benefit of permanent life plan
« Reply #1 on: November 13, 2013, 12:45:38 AM »
Nice query on what you need out of insurance.  :)  Actually, permanent life insurance can have many uses. If you would just mull it over, you'll see that it can be a financial planning vehicle, an estate planning device, a savings account, and a source of money should you need a policy loan in the *ture. The cash value of a permanent life insurance account can come in very handy during the rainiest day of your life when you need to take out a policy loan. Of course, you will have to pay for these services with higher premium rates and repay any loan you take out of your policy, but well, it's worth it.
« Last Edit: November 13, 2013, 12:45:38 AM by Guest »
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