Term VS Permanent Life Insurance
Term Insurance is very simple. Term Insurance has a set premium for a period of time. (10, 15, 20 25 and 30 years ) Once that period of time is up; coverage can continue but the rates will go up..
Permanent Insurance is a bit more complex; Permanent insurance is fairly flexible on the way you want to set it up. You can have it paid up in certain time frame (for example: you can pay premiums for 20 years and have it paid up to age 100... With the proper funding) Or you can pay a set premium for as long as you own the policy. One Main difference between Permanent and Term; Permanent Insurance has an accumulation value to it, Term Insurance does not.
Securities offered through Transamerica Financial Advisors, Inc. A Registered Broker/Dealer and Investment Advisor Member FINRA and SIPC
Kempf & Co 8195 166th Ave NE Suite 100
Redmond, WA 98052
(425)-881-8573
This information is intended for use by residents of OR, WA, CA, CO, NM, TX, IA, FL. Securities related services may not be provided to individuals residing in any state not listed above.
Kempf & Co 8195 166th Ave NE Suite 100
Redmond, WA 98052
(425)-881-8573
This information is intended for use by residents of OR, WA, CA, CO, NM, TX, IA, FL. Securities related services may not be provided to individuals residing in any state not listed above.