Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Permanent Life Insurance and other Life Insurance topics.
Choosing to pay permanent life insurance rates can help you avoid the high cost of renewals. For example, with policies that expire, you will often have a large jump in your premium each time you need to renew your policy. On the other hand, a permanent life insurance rate will stay the same as long as your policy is in good standing. So, while others your age are learning that they will have to pay a large monthly premium, you will have the same permanent life insurance rate you have always had.