What is the death benefit?

Universal life insurance is a permanent life insurance product which comes with flexible premium options from the day you deposit your first monthly premium. A universal life insurance policy offers permanent life insurance with a savings element and low premiums that are similar to those of term life insurance. You ... Universal's founding goal to “build a service institution that would give jobs and financial assistance to our people” is achieved through its use of assets for ... Dec 19, 2023 ... Building a life insurance portfolio that includes both term and permanent insurance can help you to afford the amount of coverage you need now. Universal life insurance works by creating a permanent, lifetime death benefit (when required premiums are maintained) and may offer the potential for cash ... Feb 21, 2019 ... The Department of Financial Services (DFS) has issued a consumer alert warning New Yorkers to exercise caution if they own or are thinking about buying ... Plan information ... Contact Star Robbins & Company at (800) 486-7721 to enroll in universal life coverage. Claims. How to file a claim. Contact Star Robbins ... Universal life insurance policies are permanent life insurance products that include a cash value savings component. Such policies offer the advantage of guaranteed level premiums throughout the insured's lifetime at a substantially lower premium cost than an equivalent whole ... Universal life insurance · You can change your premiums at any time to meet your budgetary needs. · Your cash value grows to provide a tax-free death benefit.