Universal life insurance can help you plan for the future.
Purchasing a life insurance policy can be confusing, especially if you have never bought life insurance before. Here at Prime Benefits Insurance, we are here to help with all of your insurance needs, and we can help you determine if universal life insurance is the right fit your personal needs and situation.
With a universal life insurance policy, you pay flexible premiums, meaning you can decide how much you want to invest in your policy each year. As long as you meet the minimum premium annually, you have continual access to your policy’s cash value. Depending on the portfolio of your insurer, your universal life insurance policy may also earn a variable amount every year.
We often recommend universal life insurance to clients in Morganton, North Carolina who want the flexibility of choosing how much to pay while still having the peace of mind that comes from knowing their beneficiaries remain covered. If you opt for one of these policies, you may even decide that the cash value of your policy is enough to cover your remaining premium payments.
We realize that while universal life insurance can be a beneficial option for many, it is not the right solution for others. If you want to know more about this type of insurance, or if you would like to update your current insurance portfolio, reach out to us at Prime Benefits Insurance today. We look forward to hearing from you!