How Does Universal Life Insurance Work?

How does universal life insurance work? Let’s talk about universal life insurance. Think of it as a special type of insurance plan that can do two important things: provide life insurance coverage and help you save money for the future. Here’s how it works: When you get a universal life insurance policy, you pay a […]

10 Ways to Use Life Insurance for Retirement

Here are ten ways you can use life insurance for retirement solutions: Cash value accumulation: As mentioned before, certain types of life insurance, like whole life or universal life insurance, have a cash value component that can grow over time. You can use this cash value to supplement your retirement income, pay for unexpected expenses, or […]

What is an Indexed Universal Life Insurance Policy?

Use an IUL to Protect Your Child’s Future Key Benefits: An Indexed Universal Life Policy (IUL) offers lifelong protection. Living benefit riders are available to increase the value of the policy. Indexed Univeral Life Insurance uses indexed stocks to increase the policy’s cash value.   An IUL’s cash value, face amount, and premiums are all […]