Term vs. Permanent
There are two primary types of life insurance: term and permanent. Understanding the differences between them can help individuals and businesses choose the right coverage based on their financial goals and long-term needs.
Choosing the Right Coverage for Your Needs
Affordable, Time-Specific Protection
Lower Premiums
More affordable than permanent insurance.
Fixed Coverage Period
Ideal for income replacement, mortgage protection, or key business needs.
No Cash Value
Unlike permanent policies, term life does not accumulate value over time.
Get Expert Guidance on Life Insurance
Lifetime Coverage with Added Financial Benefits
Permanent Life Insurance
- Lifetime Protection: Ensures coverage remains in place until death.
- Lifetime Protection: Ensures coverage remains in place until death.
- Higher Premiums: More expensive than term insurance but provides long-term benefits.
Meet John M. Moody, CFP, CLU, ChFC
Your Expert in Benefits and Life
John M. Moody, CFP, CLU, ChFC leads the Arroyo-South Bay Group Benefits Brokerage (HR, Admin Worksite, Voluntary Enrollment, PEO) Pension, 401K, Profit-Sharing, Long Term Care, Deferred Compensation, Estate Advisory Services and serves a variety of industries such as real estate, hospitality and restaurants, construction, technology, manufacturing, entertainment, trucking, breweries and wineries, and environmental to name a few. Provides employee benefits brokerage to companies sized 1-1000 employees and works with every major healthcare, life, voluntary and TPA carrier.
Client Services
Customized Insurance for Every Need
From business and personal insurance to employee benefits and private client services, Arroyo South Bay provides precision solutions to protect what matters most.
