Flexibility and Growth with Universal Life Insurance

Universal life insurance is a type of permanent life insurance that offers flexibility in premium payments and the ability to accumulate cash value.

The cash value grows over time based on the premiums paid and the performance of the chosen investment options. It can be accessed through loans or withdrawals.

Yes, the cash value grows tax-deferred, and the death benefit is generally paid out tax-free to beneficiaries.

Many universal life policies allow you to increase or decrease the death benefit, subject to underwriting and policy terms.

The policy’s cash value can cover missed premium payments, but it’s important to monitor the policy's value to avoid a lapse.

While it can provide investment opportunities, it’s primarily an insurance product. It should not be the sole component of an investment strategy.

Yes, the cash value can be a supplemental source of retirement income through loans or withdrawals.

You can select from a range of investment options based on your risk tolerance and financial goals. Your advisor can help guide these decisions.

Universal life insurance offers more flexibility in premiums and death benefits, while whole life insurance provides fixed premiums and guaranteed cash value growth.

You can apply by contacting one of our advisors, who will guide you through the application and underwriting process.