Universal Life, Whole Life, Variable Life, Term Insurance

We offer a broad portfolio of competitively priced financial planning products that includes Universal, Whole, Variable Life, and Term policies. The financial planners at Sinclair Risk & Financial Management have the experience and expertise to help you make an informed decision as to which type of policy is right for you.

Here’s a brief overview of the products:

Universal Life insurance allows you to specify the term of the policy and pay 100% of the premium, with a portion going into a cash account in the policy that earns interest and accumulates tax-deferred. It offers you flexibility if you decide to temporarily stop making premium payments as long as the cash value covers the cost of insurance. You may also increase or decrease the death benefit over time, and borrow against the policy in the form of a loan.

Whole Life insurance is designed to protect you for your entire life. It also has a cash-value component, and in most cases, the premium and death benefit are fixed.

Variable Life insurance, although similar to Universal Life, doesn’t earn a specific rate of interest in a cash-value fund. Instead, you can invest this portion in a variety of different vehicles like mutual funds. You have more control and can choose where to invest the cash-value portion.

Term Life insurance is the most straightforward form of protection, in which you generally pay premiums on a monthly or annual basis and your family is protected for the term of the policy.

We’ll help you choose the plan that works for your life.
At Sinclair, we work with our clients to determine what type of insurance is right for them. Give us a call at 203.265.0996, email us, or return the form on this page so we can do the same for you.