How can I ensure that my beneficiaries are aware of my universal life insurance policy and how to access the death benefit?

Apr 4, 2016 ... The green shaded area is the cash value of the VUL. As you can see, the after-tax taxable account breaks even with the VUL cash value after 24 ... A Universal Life (UL) product might be just what you are looking for. Your UL policy will provide security today with the cash value growth potential you need ... Universal life is permanent, flexible insurance coverage. It includes the opportunity to adjust the premium and the death benefit, as well as accumulate cash ... New York Life Custom Universal Life Guarantee. · Guaranteed death benefit protection (provided premiums are paid in full and on time) · Offers limited or no ... Our universal life products offer all this, plus predictable features and extras to protect the specific goals they have in life. What is life insurance? Most people think life insurance provides financial support for your family in exchange for premium payments. It does that — and so much ... In a whole life policy, the premiums, cash value growth, and death benefit are guaranteed not to change. With a Universal Life Insurance Policy, all those ... Feb 13, 2025 ... Guaranteed universal life insurance: With this coverage, death benefits and premiums won't change, and you won't earn as much cash value. You'll ... Universal life insurance policies are permanent life insurance products that include a cash value savings component. Apr 4, 2018 ... Dr. Joseph E. Walker founded the Universal Life Insurance Company on Beale Street in 1923, a firm dedicated to “improving the economic condition of people of ...