Universal Life Insurance was created to overcome some of the disadvantages associated with term life insurance and whole life insurance. As with whole life insurance, California Universal Life Insurance a portion of payments go through your insurance agency for the cost of insurance; the remainder is invested in the company’s general investment portfolio with the potential to build cash value.
California Universal Life Insurance policies are extremely flexible. You can vary the amount and frequency of your premium payments. You may also increase or decrease the amount of insurance to accommodate changes in your situation.
Any cash you withdraw from your California Universal Life Insurance policy is considered “basis first”. This means you will not incur a tax liability until your withdrawals exceed the premiums that you have paid into the policy. Any amount that exceeds the premiums will be taxed as ordinary income.
As a California resident there are many advantages in going with a Universal Life Insurance policy. Your Universal Life Insurance is designed to cover a person’s entire life, just like Whole Life Insurance. The flexibility of this package is what stands out. Being able to adjust the death benefit as your needs change, as well as the option to pay smaller or larger premiums gives peace of mind in knowing you are in a policy that is designed for you and your family. Once you have determined the coverage you desire, Save Pro Insurance is able to modify your death benefit and premium payments to fit your specific objectives.
Every situation is different but you should be protected with a policy designed to keep your family and loved one’s financially secure in the event of your untimely death. California Universal Life Insurance may be the right choice if you need long-term financial protection, as you and your family are covered today and for the future.
In selecting a life insurance policy, you are making one of the biggest decisions in your life. The loss of a loved one is one of the most overwhelming times a person can go through. Emotional stress does not need to be compounded with financial insecurity. Our Save Pro Insurance agents are experienced in evaluating each situation and insurance option to ensure your long term security.
With our streamlined quoting procedure, we are able to locate the best package suiting your unique situation, and find the most competitive rate among the largest insurance companies in the nation. You no longer have to spend countless hours researching webpage to webpage, or making several phone calls to find the perfect policy. In just one conversation with our representatives, you will have the proper amount of coverage at the rate that fits your situation. You will never have to stress over finding a better package.
There are values to every type of insurance company and the different policies they offer. At Save Pro Insurance we find the policy that benefits you the most and give you more stability while you are here and the comfort of knowing your family is covered when you are gone.
Value of Save Pro Insurance for your California Universal Life Insurance
- Flexibility – California Universal Life Insurance is flexible in itself in comparison to term and whole life insurance policies. Save Pro Insurance is flexible in our resources and options that other Insurance agents are unable to contest.
- Policy Design – Our agents are familiar with the differences of each insurance category and will go over every concern and need for your policy. All questions will be answered and in a timely manner your representative will thoroughly provide you with all the information you need to make sure are protected with no hidden fees or stipulations.
- Price – Insurance companies can offer you the best package they have, Save Pro Insurance can examine all insurance policies in our database and customize it to your specifically so you are not paying for something that doesn’t pertain to your specific needs. You cannot find a better policy away from Save Pro Insurance Solutions.
Losing a loved one is never easy but a California Universal Life Insurance policy makes it easy for your family to be secured. Call our agents today at 530-923-2930 so you can continue living your life without long term concerns. License - 0G13612