Maximize Retirement Security with Expert Universal Life Comparison

Key Benefits of Universal Life Insurance

One of the primary advantages of universal life insurance is its cash value accumulation feature. This component grows over time, tax-deferred, which means you don't pay taxes on the gains until you withdraw them. The cash value can be used for various purposes, such as supplementing retirement income, funding a child's education, or covering emergency expenses. Additionally, the interest earned on the cash value is often higher than traditional savings accounts, providing an attractive growth opportunity¹.