Universal Life Insurance

Universal Life Insurance gives more control over premiums, provides permanent protection for dependents, and is more flexible than a whole life policy. Death benefits are paid to the named beneficiary, and you can also accumulate cash value.

You can change the death benefit at certain times and can vary the amount or timing of premium payments. Contact Affordable American Insurance to learn more about Universal Life Insurance.

Universal life policies and whole life policies allow for withdrawals or loans against the cash value of the policy. Variable Life Insurance offers additional investment options in separate accounts. It also requires the policy owner to take the time to manage the investments.