Universal Life Insurance

Permanent Coverage with Flexibility and Cash Value

Universal life insurance provides a depth of coverage that is both flexible and permanent. Tax-deferred benefits, living benefits, and protection against the unexpected are all included. Build cash value while protecting your family for life.

No Medical Exam
Affordable Rates
Cash-Back Options

Why Choose Universal Life Insurance?

Lifelong Protection

Coverage that lasts your entire life. No need to renew or requalify - your protection never expires as long as premiums are paid.

Cash Value Growth

Your policy accumulates cash value on a tax-deferred basis. Access funds through loans or withdrawals when needed.

Flexible Premiums

Adjust your premium payments and death benefit as your needs change throughout life.

Living Benefits

Access your death benefit early if diagnosed with a terminal or chronic illness. Use funds when you need them most.

Tax Advantages

Tax-deferred cash value growth and tax-free death benefit to beneficiaries. Powerful tool for wealth transfer.

Estate Planning

Create a legacy for future generations. Provides liquidity for estate taxes and final expenses.

How Universal Life Insurance Works

A simple 4-step process to secure lifelong protection with cash value

1

Schedule Consultation

Meet with Alek Mires to discuss your mortgage amount, family needs, and budget. We'll explain all your options.

2

Compare Quotes

We'll search through 30+ top carriers to find the best coverage at the best price for your specific situation.

3

Quick Application

Most policies require no medical exam. Complete a simple application and get approved quickly.

4

Get Protected

Once approved, your coverage begins. Your family's home is now protected no matter what happens.

Coverage Details

What's Covered

  • Outstanding mortgage balance at time of death
  • Monthly mortgage payments (some policies)
  • Optional: Property taxes and homeowner's insurance
  • Peace of mind that your home is protected

Who Should Get This

  • New homeowners with a mortgage
  • Families dependent on one income
  • Parents who want to ensure housing security
  • Anyone with an outstanding mortgage balance

Cost Factors

  • Current age and health status
  • Mortgage balance and term remaining
  • Type of coverage selected
  • Additional riders or features

Quick Facts

Approval Time

Often same day or within 48 hours

Coverage Period

Matches your mortgage term (10-30 years)

Average Cost

$30-$100/month (varies by coverage)

Medical Exam

Usually not required

Frequently Asked Questions

How is mortgage protection different from term life insurance?

Mortgage protection is specifically designed to pay off your mortgage, while term life insurance provides a lump sum that beneficiaries can use for any purpose. Mortgage protection decreases as your mortgage balance decreases, often making it more affordable.

Do I need mortgage protection if I have life insurance?

It depends on your current coverage amount. If your existing life insurance would fully cover your mortgage plus other expenses, you may be adequately protected. However, many people find mortgage protection provides additional peace of mind specifically for their home.

What happens if I sell my home or refinance?

Most mortgage protection policies are portable, meaning you can transfer them to a new mortgage. Some policies may require updates to coverage amounts. We'll help you navigate any changes to ensure continuous protection.

Can I get mortgage protection if I have health issues?

Yes! Many mortgage protection policies offer simplified underwriting with no medical exam required. Pre-existing conditions may affect rates, but we work with 30+ carriers to find options that work for your situation.

How much mortgage protection do I need?

Typically, your coverage amount should match your outstanding mortgage balance. We'll review your specific situation including your mortgage amount, term remaining, and family needs to recommend the right coverage level.

When does coverage start?

Coverage typically begins once your application is approved and your first premium payment is processed. This can often happen within 48 hours of submitting your application.

Get Your Free Quote

No obligation. Get a personalized quote in minutes.

Ready for Lifelong Protection with Cash Value?

Schedule a free consultation with Alek Mires to discuss your universal life insurance options