What is Universal Life Insurance?
Universal Life Insurance is characterized by great flexibility. You can determine the amount and frequency of premium payments – for example, the more you pay, the less time you will need to pay.
Simply put, your premiums cover the insurance part, the investment piece and the expense part. The select interest on the investment portion changes along with movement in interest rates.
Let’s look at this as an option. Give us a call and we can look at what fits your budget and lifestyle the best.