Among the suite of
permanent product choices, Symetra sports several different universal life insurance products, from traditional universal to survivorship universal, and even a single premium selection which enables you to pay the policy off in one payment up front; this would be utilized for something like estate planning.
Not exact matches
As a
permanent material glass is 100 % and infinitely recyclable, making it the perfect packaging
choice for today's
products and tomorrow's.
This
product provides
permanent insurance that combines life insurance with the opportunity for greater tax - deferred cash value accumulation through investment
choices.
However, the right
choice between
permanent insurance / cash - value insurance
products (whole life, universal life, etc.) and term life insurance also depends in large part on the circumstances and mindset of the policyholder.
While term life may be the
product of
choice for midlife income protection, Kisner recommends cash - value
permanent life insurance for wealthier clients who want to protect their income while enjoying the tax advantages of an additional nest egg.
With
choices of 10, 15, 20, 25, or even 30 years, the insured can apply for as much as $ 5,000,000 of death benefit, and can convert to
permanent products as needed without having to re-qualify.
Universal life is now the
product of
choice for people that want a
permanent plan that will last the rest of their life and not terminate after so many years like Term.
For those looking at more
permanent choices, but still looking for flexibility, you can choose between the Foresters SMART Universal Life and the Variable Universal Life
products.