Permanent Life Insurance– Insurance coverage that lasts as long as the premium is paid. There are many different types of permanent life insurance such as universal, whole, and variable. The main thing they all have in common, other than not expiring, is that the money put into the policy can be an investment vehicle. This can be a great asset for those who have a hard time saving money. You can secure a good future for yourself and for your loved ones after you’re gone at the same time. The type of permanent plan you choose changes certain options such as the ability to change the premium and death benefit or how your money is invested. It’s best to speak with a Goldenwest Life Insurance expert to see which type of plan is best for you.