BUCYRUS — Life is full of uncertainties and many unpleasant events that can be so devastating to our plans and trajectory. Unfortunately, most of such happenings occur without prior signs and may leave our loved ones and us with life-changing effects if there are no adequate financial tools to cushion their effects.
This is why the importance of a universal life insurance policy that offers numerous living and death benefits cannot be overemphasized.
At Stanek Insurance, we offer a highly flexible universal life insurance policy that can be customized to meet your immediate and long-term financial needs regardless of your status, income or background. Our all-inclusive universal life product covers a wide range of financial purposes, including:
Investment Option
This is the number one perk of universal life offered by our company. Your premium is split into two components, one for an insurance purpose and the other for investment. We provide a tailor-made plan that allows you to choose from various investment options available in the market. So, as your investment grows, the savings wing of your policy generates an increase known as cash value. There are so many things you can do with your cash value for, including paying for premium.
Tax-Deferred Withdrawals
You can withdraw from your accumulated cash value to meet your business, family or personal needs instead of applying for a loan somewhere else. The good news is that the withdrawals from universal life are tax-free, which allows you to maximize the fund for the intended purpose.
Annuity Plans
Our universal life insurance product allows you to customize your policy in the form of annuities which pays regular income just like a pension program during your retirement.
Supports Your Life Goals
It doesn’t matter if you are a business or carrier-oriented person, universal life is offered by Stanek Insurance is flexible enough to suit your plans. We deal with each client on a case-by-case basis and customize their insurance policy to be just in tune with their goals, budgets, needs and preferences.
Guaranteed Death Benefit for Your Loved Ones
While all the above perks can be effectively rolled into one policy, the ultimate core of life insurance – the death benefit amount will remain intact as your loved ones are guaranteed cash payout after your death.
Get Your Universal Life Insurance Today
Getting your universal life insurance policy right away is as simple as filling this free quote.