2013 March Madness final four product review: permanent life insurance

By Steve Savant

Ash Brokerage Corporation


There are two permanent life insurance categories: whole life and universal life insurance. Whole life is dominated by participating dividends that have a multitude of tactical indemnification applications, as well as supplemental income scenarios for retirement. Universal life insurance has four divisions that can be used for indemnification and income strategic financial planning. Guaranteed universal life is relegated to coverage only, so current assumption, indexed and variable universal life have secondary applications beyond the traditional indemnification scenarios.

Steve and Jessica price out the top indemnification products, both single life and second to die, and rank the top four permanent life insurance carriers for 2013.