Unlike term life insurance, universal life insurance is a form of permanent life insurance that offers some flexibility in its policy. This kind of insurance gives you flexible options in terms of amounts of coverage, coverage period and even the premiums you pay every month.

If your life changes, as lives often do, that’s ok. With universal life insurance Brampton you can change the benefit the policy pays out, to a certain percentage of the original policy. This percentage amount will be selected by you when you set up the policy with your insurance broker, so you can ask any questions. about the increase you may have.

Want some investment flexibility?

With a universal life insurance plan, you do have some flexibility. This insurance allows for the premium contributions to be invested how the policy owner sees fit, up to a certain amount. The contract for your universal life insurance policy will outline your options, but most contracts allow for the policyholder to determine how the cash value component of the policy will be invested. Some of the choices available to the holder are GICs, money market accounts, index fund investments or even segregated fund investments. If this is a kind of policy you’re interested in, contact us to set up an appointment so that we can make sure your current and future needs are being met.

Universal Life Insurance Options

As a holder of a universal life insurance policy you have options on the terms of the contract you sign. You can select a policy that allows you to take a loan against the cash value the policy has accumulated. You can also, potentially, withdraw some or all of the cash value of the policy. With the cash, you can use it as leverage for other kinds of investments that provide a higher rate of return than the universal insurance policy, or you can simply choose to keep the cash – the choice is yours!

TAKE THE WORRY OUT OF LIFE WITH INSURANCE PROTECTION

Peace of Mind

Peace of Mind

Insurance Company has been serve protecting businesses, mitigating.

Set for Life

Set for Life

Customers told us the things they dislike most insurance. We listened and created.

Tailored Cover

Tailored Cover

We guarantee at your next renewal, you'll get the same or an even better price.

Start with your zip code to compare travel insurance

    Start with your zip code to compare Home insurance

      Start with your zip code to compare life insurance

        945+ Reviews

        Already member? SIGN IN

        AMIR JMAIL

        Very helpful fully explaining the different plans. Cash value is accessed via policy loans, which accrue interest and reduce cash value our valuable items.

        RAJESH VERMA

        Very helpful fully explaining the different plans. Cash value is accessed via policy loans, which accrue interest and reduce cash value our valuable items.