Why It Matters
Coverage that lasts your entire life. No need to renew or requalify — your protection never expires as long as premiums are paid.
Your policy accumulates cash value on a tax-deferred basis. Access funds through loans or withdrawals when needed.
Adjust your premium payments and death benefit as your needs change throughout life.
Access your death benefit early if diagnosed with a terminal or chronic illness. Use funds when you need them most.
Tax-deferred cash value growth and a tax-free death benefit to beneficiaries. A powerful tool for wealth transfer.
Create a legacy for future generations. Provides liquidity for estate taxes and final expenses.
How It Works
Meet with Alek Mires to talk through your long-term goals, income, and how much you want going toward cash value.
We'll compare universal and indexed universal designs from 30+ top carriers, side by side, with real illustrations.
Complete a simple application. Many carriers offer accelerated underwriting with no medical exam.
Once approved, your permanent coverage begins and your cash value starts accumulating from day one.
Coverage Details
Questions
Whole life has fixed premiums and guaranteed cash value growth. Universal life lets you adjust premiums and the death benefit over time, and its cash value growth is tied to current interest rates or an index, which offers more upside and more flexibility.
An IUL credits interest based on the performance of a market index such as the S&P 500, with a 0% floor that protects your cash value from market losses. Caps or participation rates limit the upside in exchange for that downside protection.
Yes. Cash value can be accessed through policy loans or withdrawals for anything — college, a business opportunity, an emergency. Loans generally aren't taxable, but unpaid loans reduce the death benefit.
Universal life is flexible: if there's enough accumulated cash value, the policy can cover the cost of insurance for you. Skipping too many payments can erode the cash value, so we review funding levels with you annually.
Many carriers include chronic, critical, and terminal illness riders at no additional premium. We'll show you exactly which riders are built in and which cost extra before you decide.
It can be, for the right person. Properly funded policy loans can supply tax-free supplemental income in retirement that doesn't count as provisional income. It works best alongside — not instead of — a 401(k) or IRA.
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