Universal Life Insurance

Universal life insurance is a hybrid. Universal life policies combine term and permanent insurance to offer you flexible premiums and a flexible death benefit. The premiums you pay are deposited into a tax-exempt account that accumulates at a guaranteed minimum rate of interest. Your account could also accumulate at a higher rate if you participate in segregated market rate funds.

Another benefit of this type of plan is that you can use the money in your account value for emergencies if you have the funds available.

Many find this type of policy appealing because it allows you to access to your account value. If flexibility in a permanent protection is what you are looking for, then Universal Life Insurance may be a great solution for you! Let's talk