Universal life insurance (UL) and whole life insurance are both types of permanent life insurance, but they have some key differences that may make one more suitable for you depending on your needs and goals. Here are some factors to consider when deciding between UL and whole life insurance: Premiums
Disclosure: What follows is my thought process given me and my family’s needs. Also, I have a direct financial interest in the performance of the company and its sales. The below is based on a 20-year term and an active UL policy. I decided that a combo life insurance policy
Buy high, sell low. Wait, what? That’s not what you’ve always been told, but it could be what you’re doing. Let us explain. Everyone says you should “buy low, sell high.” The problem? People end up doing the opposite. We feel most confident when the market is hot and tend
A key benefit of both Indexed and Variable Universal Life Insurance is that they could help you reduce your future taxes. Here’s how: It is this unique distribution method that makes Universal Life so appealing, particularly when compared with other financial vehicles like a 401k. With a 401k, distributions you
So you just got approved for an Indexed Universal Life Insurance Policy. That’s awesome! What you might have heard is that your policy is more than just a safety net for your loved ones – you’ve now got a financial tool that can add some extra sparkle to your life
Life insurance – it’s not something that usually occupies the thoughts of young adults. After all, youth is often associated with invincibility, and the idea of planning for the distant future might seem unnecessary. However, there’s a compelling reason to consider life insurance while you’re young: it can save you
Are you a busy professional trying to balance work, family, and personal goals? Life can feel like a juggling act at times, with various priorities vying for your attention. Amongst all this, one crucial aspect that often gets overlooked is life insurance. Now, before you groan and think, “Life insurance
