Download Wealthbuilding Universal Life Insurance
Pictures. Two people looking to maximize wealth transfer to beneficiaries after they both die. If you've researched cash value life insurance at all, you've probably been exposed to some negative commentary from those in the financial world (often financial entertainers and stockbrokers).
But is universal life right for you, and how does it work? Universal life insurance promises flexibility and cash value growth, but is that really a good thing? Surrender a universal life insurance policy?
Universal life insurance can provide lifetime coverage to protect your family or business from financial loss.
The ability to adjust the face value of your coverage without surrendering your policy is an attractive. Like whole life insurance, universal life is a form of permanent life insurance. Indexed universal life insurance offers the flexibility of universal life, with the chance to earn interest in line with the stock market's these accounts build up when the market grows, and that growth is often accumulated tax free. These policies put a portion of the policyholder's premium payments toward annual renewable term insurance with the remainder added.