Universal life insurance offers lifelong coverage, extending well into your senior years and beyond. As time passes and you accumulate a cash value within the policy, you have the flexibility to withdraw funds for various purposes, such as bolstering your retirement savings or supporting a child’s educational expenses.
Policy Highlights:
- Flexibility to adjust your payment amounts and frequency
- Permanent life insurance for a lifetime – not a set period of time
- An accumulation of value that has the potential to increase based on the performance of a market index
- Ability to accumulate cash for retirement, college funding, or emergencies
- Simplified underwriting that doesn’t require a lengthy health inquiry
