Permanent Life Insurance is guaranteed to provide you with protection and cash value for you and your loved one’s futures. Contrary to what many think, the need for life insurance often persists long after the kids have graduated from college or the mortgage has been paid off.
For example, a 35-year-old male can buy $50,000 of permanent whole life insurance for a monthly premium of just $75 per month. At age 65, at current dividend yields, he will have almost $30,000 of cash value. After 65, most premiums can be paid by the policy without requiring the insured to write a check at all.
Minnesota Benefit Association is a non-profit organization dedicated to providing exclusive services, benefits, and scholarship programs to current or retired public employees and elected officials in the state of Minnesota.