When to Use Term and Permanent Life Insurance
As William Shakespeare once wrote, “To term or not to term? That is the question.”
Okay. So maybe The Bard was not pondering life insurance in his day. However, understanding the difference between term and permanent life insurance is critical so that the objective for which coverage is sought is met. By following a decision tree, clients and their advisors can gain confidence that the appropriate product type is being selected.
In our latest blog, we explain the differences between these two types of life insurance, including using a real estate analogy that hopefully clarifies the use case for each.
Click below to read our blog and learn how C3 Financial Partners can help you and your clients choose a policy which best fits a client’s long-term goals and objectives.
IRS Applicable Federal Rate Update
The AFR rates have been released with the short-term rate increasing slightly while the mid- and long-term rates decreased a bit. To see the current rates, as well as the historical rates, you can view our AFR report at the link below.