A permanent/term combo is a flexible life insurance solution that combines two types of coverage:
- Permanent life insurance: This part of the combo provides lifelong protection for your loved ones, and it often comes with additional benefits like cash value growth.
- Term life insurance: This part of the combo offers coverage for a specific period, like 10, 20, or 30 years. It’s a great way to protect your family during specific financial milestones, like paying off a mortgage or raising children.
By combining these two types of coverage, you can address both your short-term and long-term needs in a way that’s affordable and tailored to your unique situation.
Feel free to contact us, and we’ll help you find the perfect combo for you!