What is Universal Life?
It is a high Yield life insurance plan that has living benefits that can be used for any reason as the cash value builds.
- Lifelong coverage - These plans cover your child throughout their lives regardless of health problems. Coverage continues as long as the premiums are paid.
- Flexible premiums and riders; premiums can be paid through the plan in times of difficulty.
- Riders: Small policies within the policies with a wide range of coverage
- High Yield growth: A child of 2 (example) can easily have 1 million dollars or more at retirement for just pennies a day. (depending on the size of the policy and other factors)
- Your child will have access to funds, when needed
- Policies can be used for collateral to start a business.
