Universal Life Considerations

Buying life insurance is not a decision you make and forget about. (Especially if you have a Universal Life Policy)

You may need to adjust the amount of money you pay from time to time. Imagine the money (premium) you put into the policy goes into a bucket.

• That money may grow with interest of investment choices.
• But at the same time, the insurance company is taking money out to cover the cost of Insurance (COI) and fees.
• During a time of low interest rates and returns, your bucket of money can get low or even run out.
• If that happens, your policy can lapse and lose its value.

It is important that you read your Annual Statements and ask your agent how long your policy will last if you continue paying at the same rate.