Unique benefits of Lifetime Insurance:
- Affordability
Lifetime Insurance gives you the ability to secure a large amount of insurance protection for a relatively low premium. Permanent insurance is particularly cost-effective if you have a financial need for insurance coverage over a long period of time, usually for life.
- All future premiums are guaranteed
All of the Lifetime Insurance policies offered by The President's Group come with the promise of guaranteed rates, regardless of your health status in the future. We offer policies with premiums payable for life or for a period of only 20 years. Because your rates are contractually guaranteed, you'll have the added piece of mind of knowing what your premium payments will be, both now and in the future.
- Guaranteed Values
Many of the permanent life insurance policies offered by The President's Group have guaranteed values that do not depend on market conditions. Some of the policies provide a surrender value after 20 years that is equal to the total of all premiums paid.
- Multiple lives covered on one policy
More than one person can be insured on a single permanent policy each with their own coverage and beneficiary designation. This allows business partners or family members to be covered on the same policy thereby reducing costs because there is only one policy fee and centralizing billing.
- Joint Life Coverage
Joint permanent policies can be purchased with the death benefit payable on the last death. This reduces the cost substantially as compared with purchasing individual coverages.
- Optional benefits
A wide range of optional benefits are available on our permanent policies: Waiver of Premium, Payor Waiver of Premium, Accidental Death & Dismemberment, and Children's Insurance.