Universal Life Insurance in North Jersey
Flexible Protection That Grows with You
At BEW Financial Solutions, we help families across North Jersey area find balance between lifelong coverage and financial flexibility. Universal life insurance gives you control—allowing you to adjust your premiums, death benefit, and savings component as your needs evolve.
Whether you’re building wealth, planning your estate, or simply looking for adaptable coverage, universal life offers the security of permanent insurance with room to grow.
What Does Universal Life Insurance Offer?
Universal life insurance is a permanent policy that combines protection with investment potential. A portion of your premium covers your insurance, while the remainder goes toward a cash value account that earns interest over time—giving you more flexibility and control than traditional whole life insurance.
What Does Life Insurance Cover?
Life insurance is more than a payout—it’s a plan that ensures your family’s future stays on track, even if you’re no longer there to lead it. From mortgage protection to legacy planning, the right policy offers financial security and peace of mind.
Types of Life Insurance We Offer:
Term Life Insurance
Affordable, time-limited protection designed to cover your family during key years—like raising children or paying off your home.
Whole Life Insurance
Lifelong coverage that builds cash value over time. A great option for estate planning, final expense coverage, or long-term savings.
Universal Life Insurance
Flexible protection that combines lifelong coverage with adjustable premiums and a savings component.
Final Expense Insurance
A simple, affordable way to ensure funeral costs and other end-of-life expenses are covered—so your family isn’t left with unexpected bills.
Standard Universal Life Insurance
Enjoy flexible premiums and a cash value account that grows at a guaranteed minimum interest rate, allowing you to increase or decrease coverage as your life changes.
Indexed Universal Life (IUL)
Link your policy’s growth to the performance of a market index (like the S&P 500), offering higher earning potential while still protecting against market losses.
Variable Universal Life (VUL)
For more experienced investors, this option lets you allocate your cash value among various investment subaccounts—giving you the chance to grow your policy value based on market performance.
Guaranteed Universal Life (GUL)
Prioritize long-term stability with guaranteed death benefits and predictable costs, combining lifetime coverage with minimal investment risk.
Why North Jersey Families Choose BEW
Personalized, Flexible Planning
We listen first—then match you with the plan that fits your real needs, budget, and lifestyle.
Independent advisors
As an independent agency, we compare top-rated dental and vision plans to find the best value without sales pressure.
Trusted Since 1996
For nearly three decades, North Jersey families have relied on BEW Financial Solutions for life insurance strategies that balance protection and financial growth.
Local guidance, lifelong support
As a family-run agency in Pompton Lakes, we’re proud to offer hands-on service and ongoing policy reviews to ensure your coverage continues to meet your needs.
How is universal life insurance different from whole life insurance?
Universal life insurance offers more flexibility—you can adjust your premium payments and death benefit as your circumstances change, while still building cash value.
Can I access the cash value in my universal life policy?
Yes. You can withdraw or borrow against the accumulated cash value to help fund major expenses, emergencies, or retirement needs.
What happens if I skip or reduce a premium payment?
Your policy’s cash value can cover missed premiums, as long as there’s enough accumulated balance—giving you flexibility when life gets unpredictable.
Is universal life a good investment?
It’s best viewed as a long-term financial tool that combines protection with steady growth potential—not a quick-return investment.
Who is universal life insurance best suited for?
It’s ideal for individuals who want lifelong coverage but also appreciate the ability to adjust their plan as income, family, or financial goals change.
Secure a Flexible Future with BEW Financial Solutions
Universal life insurance gives you the freedom to protect what matters most—your way. Let’s create a plan that adapts as your life, goals, and financial needs evolve.