⚖️ Term Life vs. Permanent Life Insurance

Simple. Clear. Designed to help you decide.

Life insurance doesn’t have to be complicated. At its heart, it’s about protecting the people you love — giving them peace of mind and financial security when they need it most.

There are two main types: Term Life and Permanent Life Insurance.
Both provide protection, but they serve different goals and timelines.

🕒 Term Life Insurance — Protection for a Season

Think of term life insurance like renting a home — you get reliable protection for a set time at a lower cost.

Key features:

• Coverage lasts for a fixed period (10, 20, or 30 years)

• Affordable monthly premiums

• Straightforward protection — no cash value

• Pays your beneficiaries if you pass away during the term

💡 Best for:
Young families, homeowners, or anyone looking for budget-friendly coverage during key earning years.

♾️ Permanent Life Insurance — Protection That Lasts a Lifetime

Now imagine owning your home — that’s permanent life insurance.
It’s coverage you keep for life, and it grows in value over time.

Key features:

• Lifelong coverage (as long as premiums are paid)

• Builds cash value you can borrow or withdraw while living

• Offers tax-advantaged growth and financial flexibility

• Supports estate planning and legacy building

💡 Best for:
Those who want lifelong protection, wealth accumulation, and a plan that doubles as a financial asset.

🧭 Which One Is Right for You?

Your choice depends on your goals, lifestyle, and long-term vision.
Many people start with term insurance for affordability and later transition into permanent coverage as their income grows.

A licensed financial professional can help you design a plan that balances cost, protection, and wealth-building potential.

📚 Source:
Securian Financial – Term vs. Permanent Life Insurance