How Do They Compare?

Choosing what insurance is right for you can be a confusing proposition. Below are a few things to consider when determining if you need term or permanent insurance:

Feature	Term Life	Permanent Life
Cost	Lowest initial premium but may increase with ge	Higher at first, but never increases
Coverage	Limited Time	Lifetime
Cash Value	None	Builds Tax-deferred
Dividends	None	Paid in cash, or applied to premium to buy additional amounts of insurance or accumulate with interest
Loans	None	Available on cash value for any purpose
Appropriate For	Short-term goal objectives and death benefits only	Long-term goals and death benefits plus living benefits

To Learn More

Determining how much insurance you need and what kind can be confusing. For assistance in determining what is right for your unique situation call us at 1-800-772-1090 or Visit any People's United Bank Branch.

People's Financial Advisors is a division of People's Securities, Inc. Investments & Insurance are available through People's Securities, Inc. (member FINRA and SIPC), a subsidiary of People's United Bank.