Universal Life

Customer Testimonials

Mark Cardoza is a man of high integrity and honesty. He was most helpful to me by placing my assets in a safe place. This has given me great peace of mind. It was a great pleasure doing business with him. His continued concern and help is greatly appreciated.

Anna - Sharon, MA

I have been working with Mark for the past few months and the advice and assistance he has given me cannot be measured. As in everyone's life problems arise and he has been invaluable to me in helping solve them. His professionalism, his calm manner is outstanding. My stress level has dropped quite a bit since knowing Mark! He makes me feel cared for and cared about. To sum it up- To be specific Cardoza is terrific!

Fran - Milton, MA

Universal life is a permanent plan with a cash value and can be structured to perform in a way that is similar to a term policy and a permanent life policy.

A universal life plan can simulate a term policy by structuring the premium to fund the policy for a set period, It may also be structured to respond as a whole life by setting the premium to carry the policy until death (up to age 120 in many plans). The premium and funding are the mechanisms that create the difference.

Since a universal life plan has cash value, borrowing against the cash value or withdrawing from the cash value is oftentimes an advantage when utilizing this type of plan for retirement income planning.

Universal Life is often used for:

Mortgage protection
Financial protection due to death
Business planning, Key-Person and Buy-Sell agreements
Retirement Planning
Estate Tax Planning