Different protection objectives
Term life insurance is generally designed to provide a death benefit for a defined coverage period. Permanent life insurance may provide lifelong protection if its contractual requirements are met.
Coverage needs change over time
Dependents, mortgage obligations, income, existing coverage and long-term goals can influence the amount and type of protection you evaluate.
- Coverage duration and benefit amount
- Premium commitment and affordability
- Cash value and policy guarantees
- Underwriting, renewability and conversion options
Understand the illustration
Illustrated policy values and expected returns are not always guaranteed. A qualified review should distinguish guaranteed contract terms from assumptions.
Explore the next step
Learn more about this coverage family or ask Verity a question about appropriate assistance.