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YBL GROUP, LLC

Permanent Insurance provides protection for your lifetime, provided you pay the premium as specified in the policy.  Policies can become "paid-up" and the insurance is yours until death, for no more premium.  Premium payment options can get you "paid-up" in one lump sum, spread out over ten or twenty years, until age sixty-five or even until age one-hundred.

Permanent insurance is more like buying a car than leasing.  Once it's "paid-up," it's yours to keep.

Whole Life offers a stable premium, a guaranteed death benefit, and a cash value element.

Universal Life has more flexibility than whole life but also requires more attentive maintenence. One can change the death benefit and alter the premium payment, but those changes (and sometimes even economic conditions) can affect the policy duration and value.  Cash values can be attractive, but improperly managed policies can lose value or even lapse.

Popular riders are:

Guaranteed Insurability - Buy more insurance in the future at your present health rating

Waiver of Premium - Pays your premium if you become sick or disabled

Term Rider - Additional term insurance placed as a rider on your permanent policy

Children's Rider - Your kids are automatically covered at birth to usually 18 or 21.

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