What is Universal Life Insurance and why is it so important?
Death and taxes are inevitable, but universal life insurance helps you deal with both. With a universal life insurance plan, you get the coverage of life insurance along with a tax-deferred savings that grows over time. Because life is unpredictable you could live into your 90’s or you could die tomorrow. Nobody has the luxury of knowing when the inevitable will occur. The only way to guarantee your family’s financial security is to be ready for anything. Universal life insurance does just that. If death occurs, your policy will help deal with the aftermath. If it doesn’t, you’ll have savings to fall back on during retirement or hard times.
