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Permanent Life Insurance

 

Permanent insurance, including Whole Life Insurance and Universal Life Insurance can provide protection for your entire lifetime, or in certain instances up to a specific age - at which point the insurer pays the policy owner the cash value. Permanent life insurance policies can build a cash value - money that you can borrow against and in some instances (Universal Life Insurance), withdraw to help meet future goals, such as paying for a child's college education, buy more insurance, buy investment etc.

 

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