Universal Life Insurance
Universal life insurance is a blend of low cost term life insurance protection with a savings component found in whole life ploicy.” Premiums paid each month beyond the cost of the insurance coverage earn interest.
“Flexible” is often used to describe UniversalL life Insurance. You can vary the premiums and adjust the death benefits, UL policies off a loan option, and withdrawals if done with IRS regulations may be tax-free.
Some better known UL poicy types are Single Premium, Fixed premium, and Flexible premium.
Uiversal Life Insurance policies have an expense and interest rate component which can make comparisons challenging. UL policies are not to be considered investments and are not to be sold as an investment.
To have a confidential discussion, call Peter at 888 -725-7776.
Peter Green Insurance Agency LLC, an independent agency headquartered in Costa Mesa, Orange County, Ca.
Serving individuals and business throughout California, Washington, Arizona, Nevada.
