Understanding Universal Life Insurance

Universal life insurance offers lifelong protection with the unique flexibility to adjust coverage.

Product features and benefits:

Coverage amounts as low as $30,000
Flexible premium payments
Available up to age 85
Ability to increase or decrease death benefit
Guaranteed minimum interest rates
Lifetime protection
15-year no-lapse guarantee
Avoids the delay and expense of probate, in most cases
Interest rate enhancement in policy years 16+
Death benefits are generally tax-free to named beneficiaries
Access to the policy’s long-term cash value through loans or withdrawals

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