Universal life insurance is similar to whole life except for one thing – it is very flexible and can be changed as your or your family's needs change. Like whole life, it pays a death benefit and offers you low risk cash value account and tax deferred accumulation. It also allows you to withdraw money from it if you need it. But you can also change the death benefit and premium payment without surrendering the policy or getting a new one as a whole life policy would require.
Let Ostrowski Insurance Agencyshow you how universal life insurance works for you. To request a quote: In Minnesota, call 651-702-0163.
Claims
flexible and can be changed as your or your family's needs change. Like whole life, it pays a death benefit and offers you low risk cash value account and tax deferred accumulation. It also allows you to withdraw money from it if you need it. But you can also change the death benefit and premium payment without surrendering the policy or getting a new one as a whole life policy would require.