The huge advantage of universal life insurance is the flexibility in premiums.
Premiums are the monthly or annual payments you send to the Insurance company in order for them to insure you.
These flexible payments are also the con of Universal Life insurance because the older you get, the more expensive your premiums can get.
This is why working with an insurance agent who cares about you, should be your first priority.
If your sole intent is to purchase Life Insurance For You or your loved ones, Universal Life Insurance is probably the best life insurance product in the marketplace.
An insurance agent who cares is an agent who will tell you the good, the bad, and the ugly about all forms of Life Insurance.
Not all Universal Life Insurance contracts are created the same.
Insurance revolves around legally enforceable contracts.
If you live in Canada and need help or a free quote for life, travel, home, renters, or auto insurance,
Call, text, 416-705-0892 Email us cs@segfundinsurance.com Please like, share, subscribe, and comment!
#UniversalLifeInsurance, #LifeInsuranceInvesting, #FlexiblePremiumsUL, #CashValueBenefits, #LifetimeCoverageOptions, #TaxBenefitsULI, #AdjustableCoverage, #InsuranceSavings, #FinancialSecurity, #EstatePlanningUL
Leave a comment