Find out if universal life insurance is right for you.
A type of permanent life insurance, universal life insurance provides coverage for the duration of your life. To maintain this coverage, you must fulfill any requirements dictated by your individual policy. Many universal life insurance policies come with a savings component that offers lifelong protection. When you pass away, your beneficiaries will receive a death benefit from your policy.
In addition to this lifelong protection, there are many benefits that come with universal life insurance. For example, your cash value will earn interest and you have some flexibility with the premiums you pay. You can also make adjustments to the death benefit and borrow against or borrow from the cash value of your policy.
If you have long-term savings goals and want to have coverage that lasts your entire life, a universal life insurance policy may be a good fit for you. At Kimeo Smith Agency, we can talk about this type of life insurance with you in further detail and answer any questions you have about getting a policy. Our goal is to make insurance easy, and we can help you find a policy that works with your budget and your future goals.
We proudly serve clients throughout the Nashville, Tennessee area, and we want to help you protect your future and your peace of mind with a universal life insurance policy. Contact us today to schedule an appointment or to learn more about this type of life insurance.