Question

why did the need for permanent life arise?​

Answer 1

Explanation:

Permanent Insurance

Permanent insurance provides lifelong protection, and the ability to accumulate cash value on a tax-deferred basis. Unlike term insurance, a permanent insurance policy will remain in force for as long as you continue to pay your premiums. Because these policies are designed and priced for you to keep over a long period of time, this may not be the right type of insurance for you if you don’t have a long-term need for life insurance coverage.

Answer 2

Answer:

Yes it arises from the fact that time we get to the day

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Explanation:

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