Universal Life
Universal Life is a great tool to preserve personal wealth and is designed to provide the funds necessary to root an unexpected change in your financial situation. The Plan of Universal Life combines the basic protection insurance with a guaranteed interest rate.
Can be used for different purposes including:
- Family Protection
- Retirement Plan
- Educational Fund
- Planning sheet
- A wide range of Universal Life products that satisfy most needs with diverse and flexible plans.
Key aspects of the products:
- Option benefit level or increased in case of death
- Possibility that the premiums terminated or canceled in the event of incapacity
- The right to include other persons insured in your policy
Term Life:
Life insurance Temporary covers people for a specified period with a guaranteed level premium. If the insured person dies during the policy period, the company pays the sum insured under the policy to the beneficiaries. This type of life insurance is the cheapest available.
The Temporary Life Insurance is convenient for the insured:
- Do not want to use the safe in order to build your investment portfolio
- They need a high level of coverage for a specified period of time, suddenly when you have a family or are subject to other responsibilities
Main aspects of the Product:
- For death benefit with low cost
- Credit for conversion during the first five years
Companies:
- NATIONAL WESTERN LIFE INSURANCE
- AMERICAN FIDELITY ASSURANCE COMPANY
- PAN AMERICAN INTERNATIONAL COMPANY
