|
Universal Life Insurance
-Flexible premiums -Flexible death benefit -Accumulate tax-differed savings -Suspend payments periodically |
Universal Life Insurance allows you the flexibility to make changes as your life circumstances alter. It helps you protect what you have while growing more.
Choosing Universal Life insurance, can encourage securing your insurability, do so while you are healthy and be build cash for your future. |
|
Term Life Insurance
-Affordable and dependable -Coverage for set time period -Cost coverage typically lower -Specific rules about when you can renew policy -Policy only pays a death benefit if you die in that period of time |
Term Insurance covers you for a specified period of time, such as one, five, ten or twenty years. Once the term is expired, you must renew it, often at much higher rates. Pick which term length makes more sense for your lifestyle.
Term Insurance normally NEVER builds cash value. However, Term Insurance has the advantage of normally providing the highest death benefit for the lowest premium.
|