Universal Life Insurance Vancouver, BC
Universal Life Insurance is a permanent life insurance policy. Universal Life Insurance has an investment component to it that grows on a tax sheltered basis. The client and advisor are responsible for choosing the investments within the universal life insurance policy. Options range from GICs, to bond funds to equity funds.
There is risk in universal life insurance policies because if the investments in the policy perform poorly then the policy may lapse or require more funding. Being that insurance is by its very nature there to provide safety and security universal life is less popular than whole life which provides guarantees.
Insurance Solutions we offer include: Life Insurance | Term Life Insurance | Creditor (Mortgage) Insurance | Permanent Life Insurance | Term 100 - Permanent Life Insurance | Universal Life Insurance | Whole Life Insurance | Medical Underwriting | Living Benefits Insurance | Critical Illness Insurance | Disability Insurance
Your insurance policy must be based on your current and projected ability to pay the insurance premiums, your medical state, your age, future financial plans, as well as other factors. We make sure we understand all this in order to choose the right insurance policy for you. At Camlife Financial, we have access to all available insurance products and can recommend the best insurance coverage suited to your individual needs.