Universal Life Insurance
What makes Universal Life insurance such a good choice?Generally speaking, universal life insurance is considered an affordable way to secure a lifetime of coverage. Your account value earns interest and the policy can be highly flexible. Once you are insured, you can usually change the coverage amount and the payment. This feature can be particularly appealing to young people starting out or people with changing needs.
Choose a Premium to Fit Your Needs. You can pay a lower or higher premium to fit your budget
Flexible Death Benefit. You can increase or decrease your death benefit amount to meet your needs
Cash Value Increases. Your policy earns interest, so it accumulates value over the years
Tax-Free Benefits. Generally speaking, your loved ones won't pay income taxes on the proceeds they receive