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Fidelity Life Insurance Review
Universal Life Insurance
Fidelity offers two permanent Universal Life Insurance options through Massachusetts Mutual Life Insurance Company (MassMutual) which focus on providing lifetime guaranteed death benefits that intend to transfer the liquidity, wealth or estate of the insured to named beneficiaries. Various rate types and optional riders are available.
MassMutual UL GuardSM accounts are available for individuals between the age of 0 to 85 years and provide minimum coverage of $50,000 upon death and payment of premiums that can be billed annually, semi-annually or quarterly.
MassMutual SUL GuardSM accounts are available for two individuals between the ages of 18 and 85 years and provide minimum coverage of $100,000 upon their deaths and are designed for people who want to complete their joint estate plans by maximizing the wealth they plan to transfer to beneficiaries after the death of both parties.
Fidelity Life Insurance Conclusion
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