Universal Life Insurance
Flexible coverage, lifelong protection and cash value grow that supports your future
At Assurance Guru, we had the individuals and families to secure a long-term financial protection with universal life insurance that is a flexible, customisable and cash value Building life insurance solution.
No matter if you want adjustable premiums, text one to savings or a plan that will adapt as your needs change, universal life insurance will provide the perfect balance between affordability and life long protection and peace of mind.
Universal life insurance is a type of insurance that gives you two things together
- The first thing is life insurance coverage that is a payout to your family when you pass away
- A savings part that is called cash value and it grows over time.
The best part of this plan is that you can change your monthly premiums and can also adjust your coverage whenever you want. It is more flexible than whole life insurance.
How Does Universal Life Insurance Works
#1
Your Premium Goes To Saving Part
Avoid living loved ones with cost rearranging from $7000-$15,000
#2
Cash Value Grows Over Time
Depending of the cost of universal life insurance your cash value grows based on the stock market index performance.
#3
Flexible Premium Payments
You can increase, decrease, pause or adjust your premium payments as long as sufficient cash value exists.
#4
Adjustable Death Benefits
You can also increase or decrease your death benefit based on your financial goals.
Types Of Universal Life Insurance Offered By Assurance Guru
Indexed Universal Life Insurance
Index universal life insurance links your policies cash value grow to a market index like the S&P 500. Growth potential without direct market risk, ible premiums, cash value increases based on index performance.
Variable Universal Life Insurance
Variable universal life insurance is best for people who are looking for higher growth opportunities. Also cash value invested in the market of accounts, higher return possible but include risk and adjustable premiums and death benefits.
Guaranteed Universal Life Insurance
Guaranteed universal insurance is more stable and it gives you the most affordable options like guarantee death benefit up to age 90, 95, hundred or 121. It focuses on cash value, predictable, fixed premiums and is a perfect alternative to term life.
Flexible Universal Life Insurance
A flexible plan is designed to change as your life changes. It raises or lower the premiums any time, adjusts the death benefit based on needs and cash value grows at a guaranteed interest rate. It is best for owners, families and professional professionals.
Universal Life Insurance Vs Term Life Insurance
If you are deciding between term life insurance versus universal life insurance here is a quick breakdown that you can understand better how we can compare it for you
- Term life is temporary, cheaper with no cash value
- Universal life is permanent, flexible and build savings
- UL offers long-term financial benefits that term cannot
- This is best for the estate planning, retirement planning and lifelong security
Universal Life Insurance Quotes & Calculator
At Assurance Guru we are offering you
Instant Universal life insurance quotes
Personalized coverage recommendations
Why Choose Assurance Guru
We specialise in educating, guiding and customising life insurance solutions. When you choose Assurance Guru, you can get
- Dedicated insurance experts
- Access to to operated UL carriers
- Customised financial planning advice
- Affordable premiums for every budget
- Lifetime support with policy reviews
Is Universal Life Plan Worth It?
Universal life insurance is worth it for individuals who want lifelong coverage, flexibility in premiums and the opportunity to build tax advantage, cash value. It is not like a term life policy that eventually expires, universal life makes sure that your family receives financial protection no matter when you pass away.
It is especially valuable for the people who are planning for retirement income, estate transfer or long-term financial security. With adjustable payments and multiple investment options you will offer is a perfect line of affordability and life from protection.
Benefits Of Universal Life Insurance
Flexible Premiums
Adjust payments based on income changes.
Tax Deferred Cash Value Growth
Bill savings without paying tax on gains.
Lifelong Protection
Coverage last your entire life, not a limited term
Multiple Investment Options
To save, fixed interest growth on index, market linked strategies.
Frequently Asked Questions
Universal life insurance is a type of life insurance that will last your whole life and also build the cash value. You can change your premium payments and adjust your coverage as you need. It gives you life from protection plus a cash value you can use later.
The main disadvantage is that you need to keep an eye on the policy. If the cash value becomes too low or you don’t pay enough premiums then the policy could become more expensive over time. Also, sometimes are affected by market performance which can make cash value grow slower in bad years.
The universal life insurance scheme simply means the plan or structure of this type of insurance. It includes life coverage, flexible premiums and a cash value that overtime. You can use the cash value for loans, withdrawals or future payments of your premiums.
The main difference is flexibility like the whole life has fixed premiums and guaranteed cash value while the universal life insurance lets you change your premiums and adjust your coverage. Both give lifelong protection but universal life of more control, while whole life is more predictable.