Union Central Life Insurance
Union Central Life Insurance
12091 Mahogany Isle Lane,
Fort Myers, FL 33913
Phone: 239-939-9279
Life Insurance
Life insurance may be one of the most important purchases you’ll ever make. In the event of a tragedy, life insurance proceeds can help pay the bills, continue a family business, finance future needs like your children’s education or even protect your spouse’s retirement plans.
There are several types of life insurance. How much you need and what type is right for you depends on your needs and circumstances.
-Universal life insurance pays a death benefit to the beneficiary you name and provides premium and face amount flexibility. It provides market rates of interest on your cash value account and tax deferred accumulation.
-Variable universal life insurance pays a death benefit to the beneficiary you name and provides premium and face amount flexibility while giving you more control of the tax-deferred cash value of the policy. You direct the investment of the cash value in investment options investing in money market, stock and bond funds.
-Whole life insurance provides permanent protection for your beneficiaries. It offers cash value and tax-deferred accumulation.
-Term insurance is designed to meet needs for a set "term." It pays the face amount of the policy if you die during the term. Term insurance has no cash surrender or loan value. Premium costs generally increase with your age.
© Copyright 2010 - The Union Central Life Insurance Company.
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