Universal Life Insurance
Universal Life Insurance
Flexible Coverage That Adapts to Your Life and Financial Goals
Universal Life Insurance (UL) is a type of permanent life insurance that offers both lifelong protection and flexible features to fit your evolving needs. With UL, you can adjust your premiums, death benefit, and build tax-deferred cash value that grows based on current interest rates or market-linked options.
At Insurance Now For Less, we guide clients in selecting the right Universal Life policy tailored to long-term financial planning, estate preservation, and protection goals.
Key Features of Universal Life Insurance:
- – Flexible Premiums – You control how much and when you pay (within policy limits).
- – Adjustable Death Benefit – Increase or decrease coverage as your needs change.
- – Cash Value Accumulation – Earn interest on a tax-deferred basis.
- – Loan Access – Borrow against the policy’s cash value with no credit checks.
- – Lifelong Protection – Remains in force as long as the policy is properly funded.
How Universal Life Works:
Your premium payments go toward:
- – Cost of insurance(death benefit coverage)
- – Policy fees
- – Cash value account, which earns interest
You can use the growing cash value to:
- – Pay future premiums
- – Take out policy loans
- – Cover emergencies or supplemental retirement income
Types of Universal Life Policies:
| Type | Description |
| Guaranteed UL (GUL) | Provides lifelong coverage with fixed premiums and guaranteed death benefit. |
| Indexed UL (IUL) | Cash value growth linked to market indexes (like the S&P 500), with downside protection. |
| Variable UL (VUL) | Invest cash value in sub-accounts tied to market performance (higher risk/reward). |
Who Should Consider Universal Life?
- – Individuals who want lifetime protection with flexibility
- – High-income earners seeking tax-deferred growth
- – Parents/grandparents planning for legacy or estate transfer
- – Business owners needing key person or buy-sell coverage
- – Anyone who wants to combine life insurance with investment potential
Real-World Benefit:
Universal Life Insurance offers the ability to adapt your coverage as your life changes. Whether you’re planning for retirement, funding college, or building estate value — UL provides both protection and opportunity.
Secure a flexible financial future today.
Speak with a licensed insurance expert at Insurance Now For Less to find the Universal Life policy that best fits your needs.
Call (954) 824-2191 or Schedule Your Free Consultation
