Permanent life insurance offers individuals a variety of benefits. One of the key benefits is a tax-deferred benefit. As with all life insurance policies, this coverage pays a death benefit at the time of a persons death. This does not change. However, it can also provide you with some financial support while you are alive. Work with your life insurance agent and estate planner to take advantage of this feature. Many times, individuals do not realize they have this benefit. What Does Tax-Defe...