Permanent life insurance is designed to provide coverage for a longer period, often for a lifetime as long as required premiums are paid and policy rules are followed. Some permanent policies may build cash value over time.

• Can provide long-term protection beyond a set term period.
• May include cash value features depending on the policy type.
• Often used for final expenses, legacy planning, business planning, or long-term family protection.
• Premiums are typically higher than comparable term life coverage.

Because permanent policies vary widely, it is important to review guarantees, fees, cash value projections, and long-term affordability.