We are ready to assist you when you have questions about universal life insurance and whether it will be a good fit for you in Hickory.
If you are considering buying a universal life insurance policy, but you aren’t sure if this is the right plan for you, then it may be difficult to determine which questions to ask. Will your premium payments stay the same? Can you still accumulate cash value over time? At Prime Benefits Insurance, we know that figuring out all the details of available life insurance policies can be a challenge, but we are ready to assist you when you have questions about universal life insurance and whether it will be a good fit for you.
Some of the unique factors of universal life insurance include:
- Flexible premiums, so you can choose how much you’d like to pay each year
- Access to the cash value of your policy, as long as you pay the minimum premium annually
- Universal life insurance policies may earn more or less each year, depending on the portfolio of your insurer
One of the primary benefits of universal life insurance is that you have the flexibility to choose how much you would like to pay while still having peace of mind that you and your beneficiaries are covered. In fact, if the cash value of your policy is great enough, you may find that you are able to use the excess to cover your premium payments, should you choose to do so.
It is important to note that universal life insurance is not a good fit for everyone, so talking with a professional is the best way to determine the best option for you and your family. If you have questions about universal life insurance, then you can rely on us at Prime Benefits Insurance to provide the answers and the solutions you need in Hickory, North Carolina.