Sentences with phrase «flexibility as universal life»

Furthermore, whole life insurance policies do not offer the same payment and benefit flexibility as universal life insurance policies.

Not exact matches

Policies such as variable universal life insurance combine components of the above, blending the investment flexibility of variable life with the ability to use the cash value to pay monthly premiums offered in universal life.

Universal Life and Variable Life offer greater flexibility and potentially higher rates of return on investment, but are also more risky as investments than Whole Life Insurance.

Universal life insurance is designed to offer many of the same benefits as traditional permanent * life insurance policies such as whole life, but offers more flexibility that allows you to adjust your premiums and coverage as your needs change.

As part of Protective's ongoing commitment to life insurance education, this article is meant to provide you with information to better understand the basics of how the built - in flexibility of universal life insurance works, how it may be used, as well as additional information to help you make important decisions about whether or not this type of life insurance is best for yoAs part of Protective's ongoing commitment to life insurance education, this article is meant to provide you with information to better understand the basics of how the built - in flexibility of universal life insurance works, how it may be used, as well as additional information to help you make important decisions about whether or not this type of life insurance is best for yoas well as additional information to help you make important decisions about whether or not this type of life insurance is best for yoas additional information to help you make important decisions about whether or not this type of life insurance is best for you.

Elite Survivor Index II ®: Elite Survivor Index II offers many of the same benefits as traditional universal life insurance with the flexibility to choose among three interest - crediting accounts that fit your needs.

Universal life offers the flexibility to pay premiums at any time and in any amount (subject to some limits) as long as the policy expenses and cost of coverage are met.

Universal life insurance is a kind of permanent life insurance with flexibility as its base component.

Whole life is generally regarded as an even keeled policy that has level premiums and rate of return throughout, while universal life is subject to market fluctuation but offers more flexibility.

While you may not have the flexibility of the universal life, you do have the guarantee of your premiums never increasing for as long as you own the policy, assuming you make your payments on time each month.

Universal life can provide you with a variety of different payment options, including a flexibility of changing your death benefits, as well as the potential to accumulate cash value over time.

Universal life (UL) insurance just may be the quintessential life insurance policy for people wanting a lifetime coverage with the flexibility to adjust premiums and coverage as their needs change.

Universal life insurance, with its flexibility to adjust premiums and coverage as your needs change, is a good choice among consumers looking for permanent * insurance because of its many unique features and built - in benefits.

Universal life insurance is designed to offer many of the same benefits as traditional permanent * life insurance policies such as whole life, but offers more flexibility that allows you to adjust your premiums and coverage as your needs change.

Variable - universal life insurance: A type of permanent insurance that combines the premium flexibility of universal life insurance with a death benefit that varies as in variable life insurance.

Universal Life Insurance gives you the flexibility to choose the amount of protection that best suits your family or business, and it enables you to increase or decrease your coverage level as your business or personal insurance needs change.2

Universal life insurance provides flexible death benefits, as well as flexibility in the premium payment and due date.

They also offer whole life and universal life insurance, known as «Farmers Essential Life», which offers the advantage of a permanent plan and cash accumulation, but with the flexibility to adjust when you pay premiums and the amount you life and universal life insurance, known as «Farmers Essential Life», which offers the advantage of a permanent plan and cash accumulation, but with the flexibility to adjust when you pay premiums and the amount you life insurance, known as «Farmers Essential Life», which offers the advantage of a permanent plan and cash accumulation, but with the flexibility to adjust when you pay premiums and the amount you Life», which offers the advantage of a permanent plan and cash accumulation, but with the flexibility to adjust when you pay premiums and the amount you pay.

It has some of the same features as universal life, like premium flexibility, and offers more growth potential, but with potentially less risk than variable universal life insurance.»

The Diversified Growth Variable Universal Life Insurance policy that is offered by Penn Mutual is a permanent life insurance policy that is designed to provide solid lifetime insurance protection along with the potential for strong tax - deferred cash value accumulation and the flexibility to adjust the policy as needs and objectives evoLife Insurance policy that is offered by Penn Mutual is a permanent life insurance policy that is designed to provide solid lifetime insurance protection along with the potential for strong tax - deferred cash value accumulation and the flexibility to adjust the policy as needs and objectives evolife insurance policy that is designed to provide solid lifetime insurance protection along with the potential for strong tax - deferred cash value accumulation and the flexibility to adjust the policy as needs and objectives evolve.

Index and Variable Universal life insurance are both investment types that are also permanent life insurance and provide both permanent coverage and flexibility as a traditional universal life insurance prodUniversal life insurance are both investment types that are also permanent life insurance and provide both permanent coverage and flexibility as a traditional universal life insurance produniversal life insurance product does.

VIPs, earlier known as Universal Life Products (ULPs), have greater flexibility over traditional plans and as such companies used to mix even the traits of ULIPs, which invest major portion of money in capital markets.

Universal Life and Variable Life offer greater flexibility and potentially higher rates of return on investment, but are also more risky as investments than Whole Life Insurance.

Universal life insurance offers policy holders a great deal of flexibility in that they can choose — within certain parameters — when they make their premium payment, as well as how much of that payment is allocated to the death benefit and how much of it is allocated to the cash value component.

Universal life insurance is also a permanent form of coverage, except that it offer more flexibility that whole life concerning premium payment, as well as where the premium dollars go.

Likewise, the company's index universal life insurance policy also offers a fair amount of flexibility in that it, too, offers a long - term care policy rider, as well as a rider for living / accelerated death benefits if the policy holder so chooses.

As with variable life insurance, variable universal gives the ability to invest premiums in securities of your choosing; like universal, it provides more flexibility and control over the death benefit amount and the premiums paid into the account.

Universal life, also known as adjustable life, allows more flexibility than traditional whole life policies.

The premium you pay Universal life insurance gives you flexibility — premiums are discretionary as long as the policy has a positive cash value.

Universal Life Universal life, also known as adjustable life, allows more flexibility than traditional whole life policLife Universal life, also known as adjustable life, allows more flexibility than traditional whole life policlife, also known as adjustable life, allows more flexibility than traditional whole life policlife, allows more flexibility than traditional whole life policlife policies.

For instance, whole life policies do not have the premium flexibility that universal life policies do; on the other hand, as long as premiums are paid, whole life policies generally do not have any risk of lapse, either.

Policies such as variable universal life insurance combine components of the above, blending the investment flexibility of variable life with the ability to use the cash value to pay monthly premiums offered in universal life.

There are different types of life insurance products that you can buy, but a universal life insurance policy actually builds cash value and offers flexibility as well.

Universal life insurance (also known as adjustable life insurance) offers even more flexibility than whole life insurance.

As a universal policy, VUL allows flexibility on premium payments — you have the option to pay nothing one month up to the maximum amount allowed by the Internal Revenue Code for life insurance.

As you progress you can convert your policies, if you choose, to something like a universal life policy which allows for flexibility in premium payment as well as death benefit amounAs you progress you can convert your policies, if you choose, to something like a universal life policy which allows for flexibility in premium payment as well as death benefit amounas well as death benefit amounas death benefit amount.

Universal Life (also known as Flexible Premium / Adjustable Life) The biggest difference between Universal Life (UL) and whole life is that UL gives you considerable flexibility as to the amount and timing of premium paymeLife (also known as Flexible Premium / Adjustable Life) The biggest difference between Universal Life (UL) and whole life is that UL gives you considerable flexibility as to the amount and timing of premium paymeLife) The biggest difference between Universal Life (UL) and whole life is that UL gives you considerable flexibility as to the amount and timing of premium paymeLife (UL) and whole life is that UL gives you considerable flexibility as to the amount and timing of premium paymelife is that UL gives you considerable flexibility as to the amount and timing of premium payments.

Flexible universal life policies give the policyholder, as the name implies, more flexibility.

Often shortened to VUL, this insurance policy from Horace Mann is exactly the same as the universal life policies we've already seen in regards to payment flexibility and adjustable death benefit.

Flexibility with Premiums You have the ability to lower or even stop paying premiums on a universal life policy, the III says, as long as the cash value of your account can cover the costs.

A flexible universal policy is almost the same as whole life insurance but offers more flexibility for the policy holder.