Universal Life Insurance Chicago
Universal Life Insurance is a whole life insurance policy that serves as a source of financial protection as well as providing your family with benefits in the event of your death. If you are looking for life insurance in Chicago, Rockford or Milwaukee, contact Murray Insurance & Financial Services for the right insurance coverage at the right price for a Universal Life policy. Our agents can explain any of the Pros & Cons of our cash value insurance policies, including:
Pros for Universal Life Insurance Coverage:
- Policy is Debited Each Month for Cost of Insurance
- Vary Amount of Premiums Against Cash Value
- Portion of Funds Allocated for Savings
- Adjust Death Benefits as Financial Needs Change
Cons for Universal Life Insurance Coverage:
- Cash Value depends on Insurance Company's Investment Skills
- Policy can Lapse if Premium Payments are Too Low for Too Long
- Premium Payments can Increase if Cash Value Drops
- Account Fluctuates with Investment Performance
Our Universal Life Insurance policies give you choices in managing your life insurance protection against premature death with the addition of a cash value savings account. Flexible premium payments allow you to decide when you pay and how much cash value you contribute to your account. For affordable Universal Life Insurance in Chicago or Milwaukee, call Murray Insurance & Financial Services at 888-817-2837 to speak directly with an agent.
Note: it is important to compare all the different types of life insurance policies before making a decision. Let Murray Insurance help you make the best decision for you and your family.