Affordable and Flexible Life Insurance

Author: Ivon T. Hughes

Life insurance is the foundation of any financial plan. Providing lasting financial security to those who depend on you in the most important decision you can make.

Universal life insurance was designed with this in mind. Affordable and highly flexible, universal life insurance is a combination of life insurance and a tax-efficient investment vehicle that you custom design to meet your family's protection and investment needs. And, when these needs change, the plan can change with them.

The tax-free death benefit can cover immediate and ongoing expenses such as funeral costs, mortgages and loans, or provide family members with a continuing income.

In addition, it is also an effective investment vehicle because your cash deposits grow on a tax-deferred basis within the investment options you choose.

To learn more about universal life insurance, visit our website or give us a call.

Original article on Trustco.ca