Variable universal life (VUL) is a type of permanent life insurance, meaning the policy stays in force as long as you’re alive and continue making the necessary premium payments. It also contains a cash value component that is invested in your choice of multiple sub-accounts. If the cash value is large enough, you can use it to pay your premiums. You can also withdraw funds or borrow against the cash value.

Another feature of VUL insurance is that you can increase or decrease the policy’s death benefit to match your current coverage needs, within certain parameters. This means your premium payment can be adjusted up or down as well.

Whole life insurance is a permanent life plan that provides coverage throughout your entire life. The premiums tend to cost more than a term plan would, but getting this insurance plan may be beneficial in the long run.

The whole life insurance cash value usually ends up being high, but payments grow in a tax-deferred account at an established rate. The premiums won’t change over time and the death benefit is certain, regardless of the time frame. In this sense, the policy functions as an investment and the death benefit payout usually reflect this. Typically, the death benefit in a whole life insurance plan yields a large outcome.

Health insurance policy is an assurance which provides immediate financial help in case when any medical emergency arises. It is a contract between a policyholder and the insurance company which covers medical expenses that might occur due to illness, injury or accident.

If you have a health insurance policy, then some or all the medical expenses will be borne by the insurance company, against which an insured is supposed to pay a certain amount known as premium.

Disability insurance is designed to protect your income by replacing a portion of your paycheck if you're ever too sick or injured to work. It lets you rest easy knowing that your expenses will be covered, keeping your lifestyle intact and your financial plan on track so you can focus on getting better.

At The Spaventa Group, we're not just another financial services provider, we're your catalyst for unparalleled growth and innovation.

We've crafted an exclusive suite of offerings that seamlessly blends the stability of traditional investments with the exhilarating potential of specialized alternative assets. 

Fixed index annuities or FIAs are a type of annuity contract that provide investors with the potential for growth, while offering 100% downside protection, and the ability to turn retirement assets into lifetime income through annuitization.

The interest credited to FIAs is linked to the performance of an external index, such as the S&P 500®, but your principal is protected from losses in the index. You also have the ability to allocate some or all of your money to a fixed account that earns a guaranteed interest rate.

A variable annuity is a tax-deferred retirement vehicle that can increase or decrease in value, depending on how financial markets perform.

A variable annuity is also an insurance product, so it provides many important features such as a death benefit, lifetime income, and optional living benefits.

• Restricted Property Trust
• Group Life Insurance
• Split Dollar
• Group Health & Group Disability Insurance
• Key Man Insurance