Universal Life Insurance

What is Universal Life Insurance?

Instead of having coverage for a specific time period, a universal life policy can give coverage for a much longer time period, or even lifelong coverage. Additionally, it has a number of other advantages:

Two universal life insurance policies are available from Providence at reasonable rates. Each provides a substantial death benefit and the option to keep coverage indefinitely provided certain conditions are met.For the possibility of increasing your policy’s cash value, you can make additional payments into an interest-bearing account. You can choose your premiums at a level that best suits your budget. Monthly, quarterly, semiannually, or yearly installments are all options.

TAX PROTECTION

Your beneficiaries will receive the death benefit from your life insurance policy, and in most cases, they won’t have to pay any income taxes on it to the federal government. In addition, any growth that occurs inside the policy is exempt from taxation

FLEXIBILITY

Premium payments can be modified in response to a change in coverage needs or other factors

CASH VALUE GROWTH

Because a portion of your monthly premiums are invested in a fixed interest account, the policy gives you the opportunity to accumulate cash value over time.

REQUEST A QUOTE TODAY!

Location: Houston, Texas

Email: info@proamericanlife.com

Phone: 832 615 2303