Canada Life universal life insurance is the right coverage for you designed to meet your respective insurance needs.If you need a flexible coverage, there is no better option than this. It is a permanent life insurance that protects you and your family for a lifetime. The life insurance coverage provides you the opportunity to grow your wealth over time. This makes it easy for you to maximize your coverage while you are still alive. You can leave a legacy for your loved ones. It is a cost-effective insurance plan that has a tax-advantaged investment component that can be managed based on your risk tolerance and also financial goals.
Universal life insurance allows you to grow your wealth in order to fund your children’s education, start a business or support your retirement income. The coverage provides the insured with a tax-advantaged lump sum which can be used for these purposes. The plan allows you to set your schedule for the payment of your premiums, depending on your budget.
Learn more about life insurance from these informative articles to help you decide in choosing the best plan for you.