The Term vs. Permanent Comparison is used in anticipation of, or to counter, client objections to permanent insurance. Additionally, this module works well with term conversion prospects.
The module compares cash-value products versus the “buy term and invest the difference” concept. Areas reviewed include:
Annual and total premium
Accumulation value
Surrender values
Death benefits
Net gain
Internal rates of return
The investment alternative uses the same interest rate as the underlying policy.
