Universal Life Insurance differs from Term-Life in that it doesn’t end at a certain “term.” It also is
designed to yield a return on your investment. This means that the money you put in to a Universal Life
insurance policy, you can get back with interest. When you make premium payments on a cash-value life
insurance policy, one portion of the payment is allotted to the policy’s death benefit (based on your age,
your health, and other underwriting factors). The second portion covers the insurance
company’s operating costs and profits. The rest of the premium payment will go toward your policy’s
cash value. The life insurance company generally invests this money in a conservative-yield investment.
As you continue to pay premiums on the policy and earn more interest, the cash value grows over the
years.
Read more: how cash builds in a life insurance policy Link here

With our Universal Life policies, the following options are available:

-Living Benefit/Accelerated Death Benefit—with this benefit, you can get up to 70% of your
lump-sum in advance if you are diagnosed with a terminal illness.
-Children’s Level Term Insurance—cover your children up to age 23 with to $10,000 of insurance.
-Automatic Benefit Increase—just add a dollar to weekly premium and death benefit goes up
accordingly.
-Cash value builds and can be taken out, used to pay your premium, or used to supplement
retirement income.
For more information about Universal Life, please contact us.