Sanborn Consultants "Insurance with a Heart"
Call 860-448-2243
lorraine@sanbornconsultants.com
We can help you complete your Life Insurance Puzzle.
Welcome to
Sanborn Consultants
Licensed in CT and RI
Universal Life Insurance Explained
Flexibility and control for today's lifestyle
Life is all about making choices that balance the pressures of today with the needs of the future. Making financial choices is the same. You need solutions that help provide financial security for the future that don't lock you in when life suddenly changes.
Universal life insurance combines lifetime insurance protection with tax-deferred cash value accumulation under one insurance contract.
You can also access the cash value if you need it. And, you can adapt universal life insurance to suit your needs and financial goals – so you can have more flexibility both today and tomorrow.
Benefits of universal life insurance
Provides lifetime life insurance protection
Options that can refund your premiums, or offer protection for other needs, such as total disability or accidental death
Income Tax-free death benefit
Tax-deferred growth on cash value (some restrictions may apply)
Premium flexibility
Withdraw funds, or surrender for cash
Borrow and use the insurance as collateral for a loan
