Permanent Protection – Whole Life Insurance
Permanent life insurance is typically more expensive than term initially because it provides permanent coverage. But it also locks in your premiums, you can also reduce the number of years and have a paid up policy that will never expire. It is a product designed to build cash value and to guarantee a benefit regardless of when it happens. It is typically used to pass benefits to a spouse or children or to fund some expenses that have a permanent nature such as funeral expenses or to make distributions from an estate.
- PFSA FOUNDATION PLANS – Permanent whole life coverage, with guaranteed premiums and death benefits, and accumulation of cash value. Life coverage that can be used to help cover final expenses.
- Foundation 10 Pay Life
- Foundation 20 Pay Life
- Foundation Interest Sensitive Whole life
- Foundation Universal Life – Permanent coverage, with flexibility and long-term growth potential.
- Foundation PFSA Estate Maximizer – A Single Premium Whole Life