If you are interested in obtaining a universal life insurance policy in Collingwood, ON, turn to us at BlueRock Wealth Management.
Universal life insurance is a specific form of life insurance. When you acquire one of these policies, the premiums you pay contribute to the value of your account and earn interest over time. As long as the cash value of your universal life insurance account is high enough to cover the account’s standard monthly deductions, your policy will continue.
If you are interested in obtaining a universal life insurance policy, turn to us at BlueRock Wealth Management. We have helped many people in Collingwood, Ontario protect their loved ones with this type of life insurance. Although how you use your life insurance policy is entirely up to you, we recommend using it to:
• Provide for your family in the event of a job loss or help your family members with the expense of obtaining higher education
• Acquire funds to handle a beneficial opportunity
• Plan for your estate
• Pay for rising healthcare costs
• Purchase a vacation home during retirement
We encourage you to keep in mind that universal life insurance types can also vary. When you turn to us to help you incorporate life insurance into your long-term financial plan, we will help you determine whether a survivorship or variable policy is right for your personal situation.
Remember, regardless of what type of universal life insurance policy you acquire, you are taking necessary steps to plan for the future and protect your family from financial misfortune. Contact us at BlueRock Wealth Management today for more information about our life insurance services.