Perpetual Insurance
What is Perpetual Insurance?
Perpetual describes the policy period. Saucon Insurance Company provides insurance policies without an expiration date. A policyholder places a deposit with the Company. The deposit is determined by the coverage required. In return, the policyholder has insurance protection without paying any annual premiums.
How does Saucon Insurance Company’s program differ from the kind of insurance we usually purchase?
Other insurance companies charge an annual premium for their policies. With Saucon Insurance Company’s program, your deposit provides for insurance coverage without annual premiums.
Saucon Insurance Company is not currently writing new perpetual insurance policies.