By: Nathaniel Nevins | February 13, 2017

Let's first talk about the overall perception of permanent life insurance. Many consumers feel that permanent life insurance is bad. This perception comes from a variety of sources. Some heard it from a financial celebrity, like Dave Ramsey, a friend or family member, or from personal experience. The truth is, it's not bad or just some money maker for the agent selling it. It just depends what your goals are for it and if it was done properly. Permanent life insurance is meant to last for your whole life, providing some living benefits along with the death benefit. These benefits include cash, a portion of the death benefit in the event of chronic or terminal illness, and money for your family in the event of death.


Permanent life insur...