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Unlike term life insurance, universal life insurance is a form of permanent life insurance that offers some flexibility in its policy. This kind of insurance gives you flexible options in terms of amounts of coverage, coverage period and even the premiums you pay every month.
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Universal Life Insurance Want some investment flexibility?
With a universal life insurance plan, you do have some flexibility. This insurance allows for the premium contributions to be invested how the policy owner sees fit, up to a certain amount. The contract for your universal life insurance policy will outline your options, but most contracts allow for the policyholder to determine how the cash value component of the policy will be invested. Want some investment flexibility?
As a holder of a universal life insurance policy you have options on the terms of the contract you sign. You can select a policy that allows you to take a loan against the cash value the policy has accumulated. You can also, potentially, withdraw some or all of the cash value of the policy. Universal Life Insurance Options
As a holder of a universal life insurance policy you have options on the terms of the contract you sign. You can select a policy that allows you to take a loan against the cash value the policy has accumulated. You can also, potentially, withdraw some or all of the cash value of the policy. Address : Canadian L.I.C. Inc, 2969 BovairdDr East, Unit 2 Brampton , ON L6S 0C6Toll Free : 1 844-552-4678 E-mail : info@CanadianLIC.com Contact Us
