Similar to all other permanent life plans, the single - premium policies increase value over time and also have the same tax exemptions on interest returns. (usacoverage.com)
Because of this, the premium for term life insurance can be less than that of a comparable permanent life plan. (insurancescored.com)
Aside from the coverage period that the plans provide, another point that a consumer can consider is the additional benefit provided by investing in permanent life plans — monetary value. (usacoverage.com)