Name one type of permanent life insurance.

Whole life insurance is a type of permanent life insurance that provides lifelong coverage, as long as the premiums are paid. This form of insurance not only offers a death benefit to beneficiaries upon the insured's death but also accumulates cash value over time. The cash value grows at a guaranteed rate and can be borrowed against or withdrawn during the policyholder's lifetime, making it a versatile financial product.

In contrast, term life insurance only offers coverage for a specified period and does not build cash value. Variable term insurance combines elements of term coverage with investment options, but it still does not provide permanent coverage. Accidental death insurance is a type of insurance that pays a benefit in the event of death resulting from an accident, but it is not permanent and does not provide lifetime coverage or cash value. Therefore, whole life insurance stands out as the correct answer when identifying a type of permanent life insurance.