Universal Life Insurance

Coverage that saves you and your money.

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By filling out and submitting this form, I agree Carol Cherry Insurance Broker, its affiliates, or its business partners may call or text me regarding insurance products at the phone number I provide (even if it is a wireless number or an a government do-not-call registry). I agree such calls or texts may use an automated telephone dialing system or prerecorded or artificial voice. This is not a condition of purchase. Standard messaging and data rates apply. Not all companies or plans are available in all areas. Not all quotes are available online. Not connected with or endorsed by the United States government of the federal Medicare program.
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What Is Universal Life Insurance?

Also referred to as a “UL” policy, a Universal Life Insurance plan is a flexible form of permanent life insurance. It allows you to protect your loved ones and build tax-deferred cash value by paying additional money to a life insurance premium to “overfund the policy.” That additional money builds cash value, along with interest, that may be borrowed from or used to subsidize your life insurance policy cost in the future. You may also temporarily decrease your payments or occasionally skip a payment, as long as you repay any money taken from your cash value.