What is Permanent Life Insurance? Life insurance that covers you for life as long as you pay the premium for the agreed upon amount of time. The premium NEVER changes no matter how you age, or how your health changes. This is also the most flexible of all Life Insurance policies, with endless possible features. Whole Life, Indexed Universal Life, and Single Premium Life policies are just a handful of featured permanent life policies we can offer. Many without an exam. If you'd like to learn more, fill out the form below, or read on.