The Importance of Permanent Insurance

If you can grow assets during the time where the insurance is enforced, you won't need it. Permanent insurance is more expensive. It does have appropriate uses. I think maybe we've even talked before about the things like the family farm where you have a big estate tax bill. To me, it's a great tool. Also in business with multiple owners, there's something called buy sell agreements and things you can provide for within the business so that if one of the business owners goes away for some reason, it doesn't ruin the business.