What Are The Differences Between Term And Permanent Life Insurance?

Life insurance can help protect your loved ones financially if you pass away. The proceeds from a life insurance policy may help your family pay for expenses such as a mortgage or rent, medical bills, tuition or childcare. Here's a basic overview of term & permanent life insurance policies. An umbrella term for life insurance plans that do not expire (unlike term life insurance) and combine a death benefit with a savings portion. This savings portion can build a cash value - against which the policy owner can borrow funds, or in some instances, the owner can withdraw the cash value to help meet future goals, such as paying for a child's college education. The two main types of permanent life insurance are whole and universal life insurance policies.

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Jet Capital

Jet Capital provides short-term working capital to any size business quickly. We understand business needs don’t always align with cash flow and we're here to help your business take off. Our unique assessment process allows businesses to qualify for funding even if turned down by traditional lenders. The amount you qualify for will be determined by a variety of things about your business, verified revenue, time in business and more.

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Spotlight

Jet Capital

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