Sentences with phrase «want flexible premium payment»

• Want flexible premium payment options • Want tax benefits

Not exact matches

However, Universal Life is more flexible than whole life, allowing the premium and face amount to change.This can be advantageous if you have either limited funds and you can not make a large premium payment or you have excess funds and you want to store up some additional cash value in your policy for a «rainy day».

Now, flexible premiums refers to the ability to modify your minimum payment when times are tough; it does not mean you can simply select what you want to pay.

If you want a flexible plan that allows you to build cash value, change your premium payments, and adjust your death benefit, then universal life may be a good option for you.