Secure Your Investments
For Your Family's Future
Ensure your family can stay in their home without the burden of mortgage payments if the unexpected happens. Secure peace of mind today.
What is Universal Life?
Universal life insurance is a type of permanent life insurance that covers you for your entire life as long as you pay premiums. It’s known for its flexibility, allowing you to adjust your premium payments and death benefit amount within certain limits.
It also includes a cash value component that can grow tax-deferred and can be accessed while you are still living.
Policy Highlights
Why Universal Life offers the perfect balance of coverage and growth.
Permanent Coverage
Provides permanent coverage for your entire life, unlike term life insurance. As long as premiums are paid, the policy is designed to last your entire life, ensuring a death benefit whenever you pass away.
Flexibility
Adapt the policy to your life. You can adjust your premium payments and death benefit amount over time as your financial needs and goals change.
Cash Value
Includes a guaranteed cash value that grows over time. A portion of each premium contributes to this value, which grows at a guaranteed rate and can be accessed during your lifetime.
What is an IUL?
An Indexed Universal Life (IUL) insurance is a type of permanent life insurance that includes a cash value component tied to a stock market index, like the S&P 500.
This policy provides a death benefit to beneficiaries and allows the policy’s cash value to grow based on market performance, while also including downside protection with a minimum interest rate (floor) and a cap on potential gains.
Whole Life vs. IUL
| Feature | Whole Life | IUL |
|---|---|---|
| Guaranteed Payout | Yes | Yes |
| Lifelong Protection | Yes | Yes |
| Accumulates Cash Value | Yes | Yes |
| Grows w/ Stock Market | No | Yes |
| Flexible Premiums | No | Yes |
| Dividends | Yes | No |