Member Benefits Scholarship Program Financial Services Identity Theft Shield / Legal Services Payroll Services Travel Medical Insurance Program Insurance Services  > Auto/Homeowners  > Life & Annuity   > Term Life   > Whole Life   > Universal Life   > Annuities  > Health   > Long Term Care   > Medicare Supplem.   > Dental   > Disability   > Critical Illness  > Endorsed carriers	Universal Life Insurance Universal life insurance has a premium that is tied to interest rates. The premium necessary to keep the policy in force can fluctuate; however, universal life is usually less expensive than whole life. Second to Die Universal Life Insurance Second to Die insurance is used for estate planning purposes. This type of insurance covers both the husband and wife and pays a benefit when both spouses have passed away. This is because the tax code allows an unlimited marital deduction to the surviving spouse upon the death of the first spouse. The death of the second spouse triggers the estate tax, and that is when the policy pays out. To request a life insurance quote, email info@MinnesotaBenefitAssociation.com, or call 1-800-360-6117.

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