What are the factors to consider before using life insurance cash value for retirement?

There are other variations, including universal life, which builds cash value and is widely marketed by life insurance companies. NAIC Life Insurance Policy ... Buying life insurance is not a decision you make and forget about. (Especially if you have a Universal Life Policy) Aug 20, 2017 ... Trustmark Universal Life Insurance · Enrollment has been extended! The number to call is 425-827-8397, option 1. NW Benefit Advisors can answer ... Protect your loved ones and save for retirement at the same time with Indexed Universal Life Insurance. Basic Life Insurance Plan. Coverage Amount: Equal to one times your annual salary ($15,000 minimum; $250,000 maximum) Premium: Paid by the state ... Guaranteed Universal Life Insurance · Allows you to choose at what age your policy will end · Offers little to no cash value opportunities · Premium payments ... GUL is a flexible life insurance option that allows you to contribute different levels of premium over time to best meet your insurance and other financial ... 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 ... Universal life insurance is a type of permanent life insurance that offers the flexibility to change your death benefit and adjust your monthly premiums. Like ... This permanent policy allows you the flexibility to raise or lower your coverage 1 or your premiums 2 as needed.