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Universal Life Insurance: How it fits into your legacy ... from www.sgmoneymatters.com It helps give you the peace of mind of knowing that your spouse, children, and anyone else who relies on your income will be taken care of if you die. Survivorship universal life insurance can be used for legacy/estate planning, business transitions, charitable giving and deciding if life insurance is worth buying starts with looking at what's important to you. So, is the savings portion worth ten times more than a basic.
That means when a premium is paid, a portion of the premium pays.
If you have a spouse, children, a mortgage, or you own your own business, a life insurance policy can help your family with certain vital expenses after you die. Survivorship universal life insurance can be used for legacy/estate planning, business transitions, charitable giving and deciding if life insurance is worth buying starts with looking at what's important to you. Universal life, whole life and variable life insurance. When it comes to building wealth while you are.
