Permanent Coverage for Money That Should Outlast You

Your income stops. Their bills don't. Term coverage is for the years a mortgage and children depend on a paycheque. Permanent coverage is a different job. It lasts as long as you keep it in force, so the death benefit can still be there late in life. Families use it for final expenses, an inheritance, or a company and an estate that should not be sold in a hurry. Part of the premium can build cash value. It costs more than term for the same death benefit, because it is designed not to expire. Inside a corporation, a policy the company owns can fund a buyout or be paid to shareholders. In many cases that money can move through the capital dividend account. That depends on the corporation, the policy, and the rules at the time. It is not a promise and it is not tax advice. If the job is temporary, do not buy permanent coverage just because it sounds complete. If the job is "leave this money whenever I die," term will end too soon. Send your name and book the call. An advisor licensed through Greatway Financial names the job and writes the coverage with you.