Universal Life Insurance


A Universal Life insurance may be the answer if you’re looking for a flexible solution to assist safeguard your loved ones while also building tax-deferred financial value. This adaptable permanent protection, which may be arranged as a Survivorship or Joint policy, is appropriate for customers who may want to change coverage and premiums to match changing needs.

How does universal life insurance work?

You will pay a monthly fee to your firm, just like other life insurance policies. A portion of your investment is used to pay for the insurance, which covers any costs and death benefit coverage, while the balance accumulates cash value and earns a fixed rate of interest. You can borrow or withdraw money from your cash value in a universal life insurance policy. The tax-deferred death benefit will be given to your beneficiaries if you die.

Who should get Universal Life Insurance?

Universal life insurance is for individuals who are seeking for the following:
  • Insurance coverage for the rest of your life
  • Growth in cash value with tax benefits
  • Built-in flexibility in case you need to change your premium or death benefit value due to unforeseen circumstances.

Benefits of Universal Life

Permanent protection — Permanent protection means you’ll be covered for the rest of your life and won’t have to pay higher premiums to renew your policy.

Access to cash value — The ability to develop and borrow from cash value while you’re still alive.

Plan Flexibility — Plan Flexibility – provided you stay within certain parameters, you can vary the degree of protection or the frequency with which you pay your premium.

Tax advantages — The death benefit, as well as any cash value you remove, are tax-free.


Contact us for a consultation regarding your insurance needs.