Lifestyle

Who Should Consider Buying a Universal Life Insurance Policy?

Published

3 years ago

March 24, 2023

Universal life insurance is a type of permanent life insurance policy. That means it covers you for life and comes with a cash value growth component. Once you build enough cash value, you can withdraw from or borrow against it. You also receive the full value minus surrender charges if you surrender the policy. Universal life insurance also lets you increase your death benefit or decrease your premiums, providing you with more flexibility.

All these features make universal life insurance a good potential investment for many types of people. With that in mind, this article will cover several circumstances where getting a universal life insurance policy can be helpful.

1. Those who need lifelong coverage

Universal life insurance offers lifelong coverage as long as you stay current on your premium payments. That means, unlike with term life insurance, you don’t need to worry about your policy expiring.

Another benefit to lifelong coverage is that you can lock in your premiums for the rest of your life. Life insurance premiums rise with age, but once you buy life insurance, your premiums remain fixed unless you adjust them within your policy.

2. Parents with multiple children

Raising a child can cost an average of almost $13,000 per year. Plus, parents may have to save money for each child’s college education. This can make it challenging for one parent to raise multiple children if their partner passes away — even if both partners earn incomes.

Universal life insurance can help alleviate these worries. If you pass away, your partner will receive a substantial death benefit to replace your income, pay off debts, and set aside money for the future.

Thanks to the cash value, universal life insurance can also help you raise your children even if you don’t pass away. Over time, your cash value may grow quite large. You can withdraw from or borrow against it at favorable terms and low rates. This offers you the funds to pay for family expenses and potentially cover your children’s college educations. Finally, if you ever need to change coverage to save money on premiums or up your death benefit, universal life insurance lets you do that.

3. Those who want to build wealth

A universal life insurance policy’s cash value can offer a source of wealth for policyholders. As mentioned, you can withdraw from it when it grows large enough, although you must be aware of any tax consequences. Y ou can also borrow against it at low rates. However, you must make sure the loan balance doesn’t grow larger than the cash value, or the policy could lapse. Finally, if you decide you no longer need life insurance and surrender the policy, you can receive all of your cash value minus surrender charges.

In any case, this cash value can offer a significant source of wealth when used wisely. You could use the proceeds to refinance or pay off debt, supplement your retirement funds, make large purchases, travel, and more.

The bottom line

Universal life insurance can fit many people’s needs. It offers lifelong coverage, which allows you to get a policy early and lock in premiums without worrying about coverage expiring.

Families with many children can find it useful as well. You can rest assured that your partner and children will be protected if you pass away. Plus, you can use the cash value to help cover childcare costs and future expenses, like education.

Finally, anyone who wants to build wealth could find universal life insurance helpful. You can withdraw or borrow from the cash value to travel, pay off debt, boost your retirement funds, and more. So, consider looking for universal life insurance if any of these describe your situation and financial needs.

Lifestyle

How Magic Moment Resort Became the Pioneer of a New Era: The First-Ever Dazzler Select by Wyndham

Published

1 week ago

November 25, 2025

Michelle Langton

In Central Florida’s packed landscape of family hotels and theme park lodgings, a unique kind of property has emerged. Magic Moment Resort & Kids Club in Orlando is earning attention from traveling families for a simple reason. It delivers joy, warmth, and convenience at a smart value that keeps Disney dreams accessible rather than overwhelming.

By joining Wyndham, Magic Moment Resort unlocks the strength of a global powerhouse, gaining worldwide visibility, advanced technology, and access to Wyndham Rewards, the largest hotel loyalty program on the planet. This strategic move expands its reach, builds guest trust, and amplifies its impact, all while preserving the unique identity that sets it apart.

Just a short drive from the gates of Walt Disney World, the resort sits along the palm-framed stretch of West Irlo Bronson Memorial Highway. The location has long been known for its tourism bustle, yet Magic Moment has carved out a softer identity. It feels playful and colorful, but also intentional. It is designed by a family for other families, and that perspective shapes every experience on the property.

A Philosophy Rooted in Family Connection

Magic Moment Resort was built with a belief often forgotten in today’s tourism industry. Family vacations should feel uplifting instead of stressful, and affordability should not come at the expense of comfort or creativity.

Check-in feels more personal than transactional. Parents arrive with strollers, snacks, and tired children. The staff seems to understand this rhythm instinctively. The energy is warm, the pace is easy, and the tone is set long before anyone even enters the room.

Unlike competing hotels that charge a steep premium for proximity to the parks, Magic Moment focuses on smart value without compromise. Its pricing strategy is refreshingly straightforward. Families can stay five minutes from Disney without draining their travel budgets. For many guests, that difference helps shift resources from hotel costs to experiences. It means more character breakfasts, more souvenirs, and more freedom to enjoy the parks without financial tension following every decision.

Spaces Designed for Children and Considerate of Parents

Magic Moment is filled with color, but nothing feels overstimulating. Instead, the resort offers a sense of wonder scaled to a child’s imagination.

The themed family rooms are a highlight. Children step into rooms that feel lighthearted and whimsical, yet parents appreciate that they are also functional and comfortable. It is the atmosphere of a themed suite without the theme park price.

Its Kids Club and Teens Club reflect that same thoughtful balance. These spaces invite exploration and creativity for children and provide a nurturing level of supervision. Parents can enjoy an hour by the heated pool, relax in a shaded cabana, or simply take a quiet moment while knowing their children are safe and engaged.

The resort’s grounds encourage slow mornings and gentle afternoons.There’s a 30,000 sqf outdoor playground as well as peaceful corners for parents. Importantly, families are not asked to pay additional fees to enjoy them. Magic Moment’s amenities feel generous rather than transactional.

Unforgettable Days at the Parks

For families navigating a Disney vacation, convenience is often the true luxury. Magic Moment delivers this with a complimentary delicious hot breakfast that encourages everyone to sit and enjoy the start of the day rather than rush through it.

Transportation to the parks is included, which removes one of the most common stress points for visiting families. There is no parking lot maze and no long lines at the toll booths. Guests simply board the shuttle and begin their day with ease.

When the sun sets and everyone returns from a day of rides and parades, the resort becomes a place to unwind. Children head straight for the pool. Parents sip Starbucks coffee. The atmosphere is relaxed and bright, and the resort feels like an extension of the Disney experience rather than a pause from it.

A Value That Resonates with Families

What truly elevates Magic Moment is the balance it achieves between smart value and experience. The resort has cultivated a loyal following because guests feel they receive more than they pay for. More thoughtful design. More space for connection. More comfort without excess.

Affordability here does not signal minimalism. Instead, it allows families to breathe. It creates space for shared moments that are often overlooked in the rush of theme-park vacations. Children play freely. Parents unwind without guilt. Families spend more time together and less time navigating logistics.

A Resort Built with Heart

Magic Moment Resort & Kids Club stands out in a region overflowing with hospitality options. Its charm is not rooted in extravagance. It is grounded in sincerity. It reflects the belief that family travel should feel joyful, accessible, and full of color.

For families planning a Disney visit, it represents more than a place to sleep. It is a retreat where memories can form in the quiet moments as much as in the thrilling ones.

At Magic Moment, the greatest luxury is not an amenity. It is the feeling of being exactly where you are meant to be, together.