Universal Life Insurance

Benefits

Affordable protection
Universal life can provide permanent protection that’s often at a lower cost than traditional whole life plans.

Flexibility
Adjust the timing and amount of your premiums and adjust the death benefit (within certain limits) as your needs change, all within one plan of insurance.

Cash accumulation
Some plans allow you to accumulate extra funds, tax-deferred, at a guaranteed minimum interest rate.

Guarantees
Some plans offer options to keep the death benefit in force, even if interest rates decrease after the plan is issued (provided enough premiums are paid on time).