Universal Life Insurance – Get the Flexibility to Adjust Your Changing Requirements

universal life

No one can run away from the surprises of life, but we can definitely make adjustments. Insurance needs change with life, which makes it important to search for a policy that provides you with the flexibility to adjust your premium payments. There are different types of policies available; however, if your requirements are ‘flexible,’ a Universal life insurance policy promises the ideal solution.

Also termed as ‘adjustable life insurance,’ Universal insurance policies offer higher flexibilities as compared to all other types of policies.  It provides the buyer the liberty to reduce or increase their death benefit and also pay their premiums at any time, once their first premium payment has been made. In fact, these policies also allow you to change your premium amount and increase the face value of your insurance coverage.

The Benefits

Helps You during Your Hour of Need

When you buy a Universal Life Insurance policy, you get cash value, which can be used to pay premiums in case of a financial hitch. If you have cash value, your policy will not lapse even if you fail to pay a premium. However, make sure to discuss the status of your cash value fund with your insurance advisor.

Universal Life Insurance

Provides Alternative Policy Loan

An alternative policy loan is another benefit promised by Universal insurance. However, it is important that you do not make regular withdrawals from your accumulated fund because it will reduce the cash value of your policy.

Universal policy is designed to give you and your family lifelong security, as per your requirements. If you stay in Singapore, simply search the web using keywords such as ‘Universal Life Singapore,’ or ‘Universal Life Insurance’ to get a list of the best permanent life insurance providers.



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