Universal Life

Universal life insurance from Oros Life Insurance is a flexible type of permanent life insurance that provides both a death benefit and a cash value component. It offers lifelong coverage as long as the policy premiums are paid. Universal life insurance allows policyholders to adjust the death benefit amount and the premium payments over time to accommodate their changing needs. The cash value component of universal life insurance grows based on the premiums paid and the interest credited to the policy. This cash value can be accessed through policy loans or withdrawals, offering potential flexibility and liquidity. Universal life insurance provides the opportunity to build savings while maintaining life insurance protection, making it suitable for individuals seeking long-term coverage and the potential for cash accumulation. However, it is important to carefully manage the policy to ensure the cash value remains sufficient enough to cover the cost of insurance and policy expenses. Speak with an agent today to find the best coverage that fits your needs and budget.