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Universal Life Insurance
Policy Overview
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A flexible premium policy
that combines protection
against premature death
with a savings account that
typically earns a money
market rate of interest. A
universal life insurance
policy is a combination of
term life insurance
protection with the cash
savings value of whole life
insurance. Interest rates
paid on the cash value are
typically higher than with
whole life insurance
because they tend to follow
the markets.
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Premiums for universal life
insurance policies can be
paid in a lump sum,
annually, or anywhere in
between. Interest on the
cash value is usually
guaranteed, but will vary
according to the
investment performance.
Each month deductions are
made from the cash value
fund to support the costs of
the insurance protection.
As long as the cash value
is substantial enough to
maintain the monthly costs,
the policy will remain in
force. Typically the death
benefit reduces in
proportion to the increase
in cash value, thus causing
a level death benefit.
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STUART
(772) 287-1560
(772) 287-1950 fax
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49 SW Monterey Road
Stuart, FL 34994
M-F 9:30 - 5:00
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INSURANCE AGENCY
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AGRILLO
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Life Insurance Services
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772-287-1560
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Since 1992
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Click on the link below to
fill out a Florida Life
Insurance quote form.
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Agrillo Insurance Agency
© 2005, All Rights Reserved
© 2005, All Rights Reserved
