What is Universal Life Assurance?
Universal life insurance is a powerful financial planning tool, combining the benefits of permanent life insurance with flexible premiums and investment options. Ideal for high net worth individuals seeking to optimize their wealth transfer and estate planning strategies, universal life insurance policies offer major tax advantages and unparalleled versatility. At Global Investments, our team of experienced advisors can help you tailor a universal life insurance policy to suit your financial goals, ensuring your loved ones are protected while providing opportunities for wealth growth.
How does Universal Life Assurance work?
Universal life insurance is a type of permanent life insurance that offers both a death benefit and a cash value component. The cash value accumulates over time, offering tax-deferred growth and the potential for investment returns. Key features of a typical universal life insurance policy include:
01
Flexible Premiums
You can adjust the premium payments within certain limits, allowing you to adapt your policy to your changing financial needs.
02
Investment Options
Choose from a variety of investment options, including equity-indexed and variable sub-accounts, to maximize your cash value growth potential.
03
Death Benefit Options
Select a level or increasing death benefit to suit your estate planning objectives.
04
Policy Loans and Withdrawals
Access the cash value of your policy through loans or withdrawals, providing additional financial flexibility.
What does Universal Life Assurance provide coverage for?
A typical universal life insurance policy provides coverage for:
Death benefit: A tax-free payout to your beneficiaries upon your passing, providing financial security and support.
Cash value accumulation: Tax-deferred growth of the cash value component, offering investment opportunities and financial flexibility.
Policy loans and withdrawals: Access to the cash value through loans or withdrawals, subject to policy terms and conditions.
What are the key benefits of Universal Life Assurance?
Estate Planning
An essential wealth transfer tool, providing a tax-efficient means of transferring assets to your beneficiaries.
Tax Advantages
Enjoy tax-deferred growth of the cash value component, and tax-free death benefits for your beneficiaries.
Investment Choice
Diversify your investment portfolio by selecting from a range of investment options within your policy.
Financial Flexibility
Adjust premium payments and death benefit options to suit your changing financial needs.
Wealth Protection
Permanent coverage ensures your loved ones are protected throughout your lifetime.
Start now
Universal life insurance is a versatile and essential financial planning tool for high net worth individuals, offering flexible coverage, investment opportunities, and major tax advantages. At Global Investments, our team of experienced advisors will work closely with you to tailor a universal life insurance policy that aligns with your financial goals, ensuring your loved ones are protected while maximizing your wealth transfer and estate planning strategies. Discover the advantages of a versatile financial safety net with our universal life insurance solutions. Contact us today to learn more.
