Universal Life Insurance with Flexibility
Universal life insurance provides permanent life insurance protection and access to cash values that grow tax-deferred. The major advantage of Universal Life Insurance is flexibility: you can change the protection level of the policy and you control the amount and frequency of payments (within policy limits).
Your policy’s cash value earns interest based on a contractually stated financial index, and this growth is tax-deferred. You can access your cash value almost anytime. Unlike whole life insurance, universal life insurance allows the policyholder to use the interest from his or her accumulated savings to help pay premiums.
You have the ability to take loans or make withdrawals from the account value for your personal needs. Loans accrue interest and unpaid loans plus interest and withdrawals will reduce the death benefit and cash value.
If you think a universal life insurance policy is right for you, let Eagle Financial Group thoroughly discuss all of your options and find you the best universal life insurance quote that will protect your family. Contact one of our Life Insurance Representatives at (800) 205-7203 today or click here to “Request a Quote!”