Benefits of Permanent Life Insurance

Presented by Gary Peterson

Many of us look for the easy or quick sale. We forget that most of the public are not familiar with the many benefits permanent life insurance can offer. I saw that a study was done showing that most people believe that life insurance is used for Final Expenses and income replacement. Here are several other ways Life insurance can be used to benefit your clients:

    1. Paying mortgages and debts
    2. Paying estate taxes
    3. Creating an estate
    4. Providing a cash flow in retirement
    5. Equalizing an inheritance
    6. Paying for college
    7. Taking out a loan/borrowing against
    8. Funding charitable contributions
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