Universal Life Insurance

As your life changes, so will your life insurance needs. When you are young, you have less need for life insurance, but as you
start a family and your responsibilities grow, you need to start thinking about ways to protect your family when you are no longer with them.

Universal Life Insurance offers permanent life insurance coverage combined with a flexible portfolio of tax-friendly investment options
tailored to your financial needs. Over time, this investment options can build cash value that can grow your savings, tax-deferred.

Flexible, customizable and cost-effective, Universal Life Insurance offers both, the opportunity for life-long insurance protection
and additional resources in case of emergencies, retirement or other financial needs.

Why You Should Consider Universal Life Insurance?

Universal Life is a flexible way to manage your finance now and into retirement. This insurance plan protects your assets, allows savings to grow in a tax-friendly environment and safeguards your loved ones in the event of your death.

In addition to lifetime insurance protection, this policy also offers a range of investment options customizable to your financial needs and flexible ways to pay your premiums. More than that, universal life is the only type of insurance plan from which you can withdraw money from the policy without terminating it. The policy continues as long as the cash value is sufficient to cover premiums.

These are just a few of the reasons you should consider Universal Life Insurance:

  • A policy that adapts to your life changes;
  • Cash value growth in a tax-deferred environment;
  • Access to cash value;
  • Flexibility: you decide the amount of premiums you pay;

How Universal Life Insurance Works

Universal Life Insurance offers the liberty to reduce or increase your death benefit based on your specific needs. Unlike Term Life Insurance, universal life policies are more flexible, giving you the opportunity to change the amount and frequency of premium payments.

With this type of policy, each payment you make will be divided between the cost of your insurance and an investment portfolio of your choice.

In case of a financial hitch, you can make withdrawals from your policy’s accumulated cash value or you can ask for a bank or policy loan.

Upon your death, your family will receive a tax-free benefit that includes the coverage amount of your policy and the accumulated cash value inside the policy.

Is This Type of Insurance for You?

Universal Life Insurance is designed to give you and your family, life-time protection and financial security. However, when you choose a plan you will need specialized help to design an investment portfolio that suits your unique financial needs.

If you are looking for an expert to help you make the right choice, HTD Financial Solutions is here for you. Our team of insurance professionals will work directly with you to design a plan that suits your needs and meets your budget.

Call for help now! +23 120 230 340

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