A Universal Life Insurance quote in Florida may be the right choice for you if you’re looking for long-term financial protection. A Universal Life Insurance policy is similar to Whole Life Insurance which is created to cover a person’s entire Life. Unlike Whole Life Insurance, Universal Life makes it possible to adjust the benefit amount without needing to write a new policy.
Many Clients like to choose their coverage and being in charge of making changes to the policy as personal and family needs change. Requesting a Universal Life Insurance quote in Florida will place you on the road to discovering this flexible type of Insurance. As long as you pay your premiums as requested by the policy, your beneficiaries will receive the death benefit.
Features of Universal Life Insurance:
• Death Benefit – Life Insurance proceeds are generally income tax free to the beneficiary.
• Flexibility – you decide the amount of Life Insurance, benefit and premium payments.
• Security – protect your loved ones from financial hardship should the unexpected occur.
• Guaranteed Interest Rate – earn while you protect your family. The interest rate at which the account value grows is guaranteed never to drop below a defined level.
• Cash Value Growth is Tax Deferred – the growth in cash values is tax-deferred under current Federal income tax law.
Call us today for a Universal Life Insurance Quote in Florida!
You can verify the licenses and credentials of all Florida Life Insurance Agents and Companies with whom you are considering doing business by contacting the Florida Department of Financial Services at 800-342-2762, or visit their Web site at www.fldfs.com.
