Permanent life insurance with the flexibility Texas business owners and high-income earners need. Guaranteed UL and Indexed UL available with top-rated carriers (A++ Superior).
Fixed, predictable premium guarantees the death benefit for life — even if the cash value drops to zero. Best for estate planning.
Cash value grows at a current credited interest rate with a guaranteed minimum floor. Flexible premiums and transparent cost-of-insurance charges — common in Texas executive benefit plans.
Adjust premium payments within policy limits as your Texas business income fluctuates — a feature not available with whole life.
| Feature | Universal Life | Whole Life | Term Life |
|---|---|---|---|
| Flexibility | High | None | None |
| Premium Adjustable | Yes — raise/lower as needed | Fixed forever | Fixed |
| Death Benefit | Adjustable | Fixed guaranteed | Fixed |
| Cash Value | Interest-rate linked | Guaranteed growth | None |
| Best for Texas Buyer | Income-variable earners, business owners | Long-term estate planning | Pure protection, budget-conscious |
Income fluctuates month to month — premium flexibility is critical. Universal life lets you pay more in good months and less when cash flow is tight, keeping your permanent coverage intact.
Fund buy-sell agreements with flexible premiums that adapt to your company's performance. UL cash value can also serve as an informal financing reserve for your Texas business.
Need permanent coverage without the rigid, high premiums of whole life. Universal life provides the death benefit guarantee and cash accumulation you need with room to adjust as your career evolves.
Reduce premiums as your mortgage is paid off and kids leave the nest. Universal life lets you scale back payments while maintaining lifelong coverage into retirement.
Interest credited at current market rates set by the carrier, with a guaranteed minimum floor. Adjustable death benefit lets you increase or decrease coverage as your Texas family's needs change.
Cash value linked to the S&P 500 index with downside floor protection — you participate in market gains without direct market risk. Popular among Texas professionals seeking accumulation potential.
Cash value allocated to investment sub-accounts (stocks, bonds, money market). Higher growth potential with corresponding market risk — best for financially sophisticated Texas investors.
Yes — Tower Hill Corp offers universal life insurance (including Guaranteed UL and Indexed UL) for Texas residents with top-rated carriers carrier partners. We are Texas-licensed (TX Agency License #2608479TX) and serve all Texas residents.
Both are permanent policies available in Texas. Universal life offers more flexible premium payments and a cash value that grows based on a credited interest rate. Whole life has fixed premiums and guaranteed cash value growth. Universal life may suit Texas business owners and high-income earners who need premium flexibility.
Yes — universal life (UL) is commonly used for executive benefit arrangements in Texas. Employers can informally fund deferred compensation or provide a supplemental executive retirement plan (SERP) using UL cash values. Traditional UL products from our carrier network are well-suited for these arrangements.
Universal life can lapse if the cash value is depleted by policy charges and insufficient premiums. Guaranteed UL designs include a secondary guarantee that keeps the death benefit in force regardless of cash value — important for Texas policyholders who want certainty.
Universal life is best designed with an advisor. Schedule a free consultation or start with a quote.
Tower Hill Corp · TX Agency License #2608479TX · Benefits depend on policy terms.