You can count on our team to help you determine if universal life insurance is best for you.
At Elite Benefits Group, we encourage everyone to invest in life insurance, as it’s the best way to make sure your loved ones will be provided for after your passing. However, different policies are designed for different types of individuals and situations. For example, if you are still young and healthy, a universal life insurance is likely to be the best option for you.
Universal life insurance policies generally have lower premiums—the idea is that you are breaking up the total death benefit into more payments over a longer period of time. In addition, universal life insurance also offers a savings component which accumulates value the longer you pay into the policy. Most plans allow you to take withdrawals from your insurance savings, or to borrow against its value, which will increase your financial flexibility.
Universal life insurance plans frequently offer flexible premiums as well, so you can choose to pay the minimum fee, or you can pay more to increase the value of your savings total. We understand matters of insurance can be confusing, so we are happy to go over each policy with you to help you determine which is best for you, your loved ones, and your specific needs.
Our team is proud to serve the people of Anson County, North Carolina, and we want to help you plan for the future. If you are looking for a life insurance plan, we encourage you to give us a call to learn more about our universal life insurance options.