Universal Life Insurance in Northbrook

Universal life sits in the permanent family too, yet it allows a kind of give that whole life never does. Within the limits written into the policy, you can contribute more in years when income is strong, contribute less when it is tighter, and move the benefit upward or downward as family circumstances evolve. For many households it also begins at a lower premium than a comparable whole life policy, making lifelong protection more attainable. It tends to appeal to Northbrook families with a business of their own, professionals whose compensation includes bonuses or commissions, and parents who expect their needs to change a great deal over the decades ahead. That flexibility does carry a responsibility, and we never gloss over it: if deposits lag year after year, the cash value that keeps the policy alive can be depleted, and coverage could lapse later in life. At Northbrook Life Insurance we begin by reviewing what you already own, then model the policy at several funding levels so you can see clearly how each choice plays out over time. If term or whole life would serve your family more simply, we say so.