Universal Life Insurance

Universal life (UL) insurance is permanent life insurance that offers flexible premium payments and death benefit as well as provides tax-deferred cash value growth potential which can be used for unexpected expenses, a down payment on a house, travel opportunities, supplemental retirement income, college funding and other financial needs!

There are three types of Universal Life policies: Fixed UL, Indexed UL, and Variable UL.

Please keep in mind that the primary reason to purchase a life insurance product is the death benefit.