Permanent life insurance is a type of life insurance that provides coverage for the duration of the policyholder’s life, as long as premiums are paid. It is also known as whole life insurance, and the policy’s cash value can grow over time, tax-deferred. This type of insurance can provide a death benefit to beneficiaries to cover expenses such as funeral costs, outstanding debts, or income replacement.
At L.J. Shaw & Company, we know how important it is to ensure long-term financial security for your loved ones, and permanent life insurance is one of the options we offer to help you achieve that peace of mind. We can help you navigate the options available to find the right permanent life insurance policy to fit your unique needs and budget.
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