If you want lifelong coverage, but with flexibility down the road, universal life insurance may be a good option. It’s life insurance designed to provide protection for the rest of your life while offering flexible payments and building cash value. This type of permanent life insurance also offers:

Death Benefit Protection

As long as you pay the sufficient premiums, your protection never ends. Plans start as low as $91.56/mo for $100,000 of coverage.

Built-in Flexibility

You can increase or decrease your death benefit, as well as adjust your premium payments to meet your changing financial needs.

Expanded Cash Value Options

Cash value can be linked to the broad performance of stock market index funds, but with limits on how much you can gain or lose. Or, you can choose a guaranteed annual return option. It even offers flexibility to have a combination of both.