What is Universal Life Insurance?

Universal Life Insurance is permanent life insurance that offers both lifelong protection and a flexible savings component. You can adjust your premium and death benefit over time while building cash value that grows tax-deferred.

Key Benefits

• Lifetime coverage with adjustable premiums and benefit levels
• Cash value grows over time with interest
• Access funds for emergencies, retirement, or college expenses
• Flexible plan customization for your financial goals

Who Is It For?

Universal Life is ideal for individuals who want lifelong protection with the ability to build wealth. It’s also a smart option for those who want control over their policy and the opportunity for tax-advantaged savings.

FAQs

Can I change my premium or coverage later?
Yes! Universal Life allows you to adjust both as your needs evolve—subject to policy guidelines.

Is the cash value guaranteed?
The cash value depends on the interest rates and terms provided by the insurer. Some policies include minimum guarantees.