Sentences with phrase «flexible as universal life»

Not exact matches

Universal life insurance is a flexible type of permanent life insurance policy in which the death benefit and premiums can be adjusted as your circumstances change.
InnoVision is a full - featured, flexible universal life insurance contract you can customize to fit your current and future priorities, as well as your tax, wealth accumulation and estate planning goals.
Variable Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium Universal Life (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymeLife (VUL) is another permanent life insurance type that offers similar features to other universal life policies, such as flexible allocation of premium paymelife insurance type that offers similar features to other universal life policies, such as flexible allocation of premium universal life policies, such as flexible allocation of premium paymelife policies, such as flexible allocation of premium payments.
Indexed Universal Life (IUL) offers the same flexible premiums and death benefit as univerUniversal Life (IUL) offers the same flexible premiums and death benefit as universal lLife (IUL) offers the same flexible premiums and death benefit as universaluniversal lifelife.
Universal life insurance is similar to whole life insurance, but the premiums can be paid on a more flexible basis (overpay when you have money on hand, pay less when you don't) and cash value growth is not always guaranteed, as it may be tied to an index or simply the insurer's investment performance.
But this strategy is more flexible if you've invested in a universal life insurance policy as you're not required to pay the higher amount in years when it would be difficult.
Basically, a universal life insurance policy is a plan that offers the same death benefit as a whole life plan, but with a very flexible payment structure.
Adding complexity to the way universal life insurance works is the fact that this type of coverage offers flexible premiums — as in, the amount you pay into your policy can fluctuate from year to year.
As the name suggests, variable universal life insurance combines the flexible premiums of universal life insurance with the investment choices of variable life insurance.
Variable universal life offers flexible life insurance protection and cash value growth potential to use as retirement income or for other expenses.1 The optional riders (available for an additional change) let you customize a policy to fit your needs.
For this reason whole life is generally is viewed as a less flexible form of permanent insurance than universal life.
Universal life provides a death benefit, and cash value build up, however, these policies are more flexible than whole life, as the policyholder may (within certain guidelines) alter the timing and the amount of the premium payment.
Sagicor's Sage NLUL: Available from as early as 15 days to 85 years of age, this is a flexible premium universal life insurance policy.
This universal life insurance plan provides flexible premium options, as well as lifetime guaranteed coverage with provisions for guaranteed cash values.
A universal life insurance policy, also known as a permanent policy, is a flexible type of life insurance that allows the policyholder to adjust the premium and amount of coverage.
Universal life insurance is type of flexible permanent life insurance offering the low - cost protection of term life insurance as well as a savings element (like whole life insurance), which is invested to provide a cash value build up.
Our variable universal life products (VUL) are flexible — and allow you to adjust premiums and death benefits as your needs change.
However, universal life is thought of as being more flexible than whole life because the policy holder has more control over when the premium due date is, as well as how much of the premium goes towards the death benefit, and how much goes towards the policy's cash value (within certain guidelines).
Universal Life has the same components as Whole life, with the exception that these policies may be much more flexible for the buyer in termsLife has the same components as Whole life, with the exception that these policies may be much more flexible for the buyer in termslife, with the exception that these policies may be much more flexible for the buyer in terms of:
Variable Universal Life (VUL) Insurance Variable Universal Life (VUL) insurance, as the name suggests, is a policy that combines variable and universal life insurance (i.e. flexible variable life inUniversal Life (VUL) Insurance Variable Universal Life (VUL) insurance, as the name suggests, is a policy that combines variable and universal life insurance (i.e. flexible variable life insuranLife (VUL) Insurance Variable Universal Life (VUL) insurance, as the name suggests, is a policy that combines variable and universal life insurance (i.e. flexible variable life inUniversal Life (VUL) insurance, as the name suggests, is a policy that combines variable and universal life insurance (i.e. flexible variable life insuranLife (VUL) insurance, as the name suggests, is a policy that combines variable and universal life insurance (i.e. flexible variable life inuniversal life insurance (i.e. flexible variable life insuranlife insurance (i.e. flexible variable life insuranlife insurance).
Universal life insurance, also known as Flexible Premium Adjustable Life Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the contrlife insurance, also known as Flexible Premium Adjustable Life Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the cFlexible Premium Adjustable Life Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the contrLife Insurance, has flexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the cflexible premiums with a minimum and maximum payment option, while giving you the option to change the death benefit within certain guidelines set forth in the contract.
Offering flexible premiums, universal life insurance policies can change as your life changes.
Universal Life Insurance is considered as a newer, but more flexible version of Whole Life insurance.
Universal Life is also known as «flexible» life insurance because you can change both the face value and the premium if you needLife is also known as «flexible» life insurance because you can change both the face value and the premium if you needlife insurance because you can change both the face value and the premium if you need to.
As with a regular universal life insurance policy (UL), IUL allows for a flexible premium.
You can learn more about the differences between variable and universal life insurance (it's essentially the manner in which the cash value grows), but know that universal policies tend to be a little more flexible, as they allow you to adjust your premium and death benefit, within limits.
Universal life insurance is similar to whole life insurance, but the premiums can be paid on a more flexible basis (overpay when you have money on hand, pay less when you don't) and cash value growth is not always guaranteed, as it may be tied to an index or simply the insurer's investment performance.
Universal life insurance provides flexible death benefits, as well as flexibility in the premium payment and due date.
Adding complexity to the way universal life insurance works is the fact that this type of coverage offers flexible premiums — as in, the amount you pay into your policy can fluctuate from year to year.
Universal life insurance, also known as flexible premium insurance, is a type of life insurance where the buyer may elect the amount of coverage, the size of the premiums and the size of the cash value.
A universal life insurance policy is considered to be flexible, as the policy holder may — within certain guidelines — alter the premium payment amount and / or timing in order to fit in with his or her changing needs.
Same flexible premiums and death benefit as other universal life products with addition of sub-accounts which may grow based on specific performance of stock, bond, or money market accounts.
Universal Life Insurance — Universal life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to Life Insurance — Universal life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to life insurance allows policy holders both death benefit and cash value — however, these policies are much more flexible than whole life in that policy holders can choose when to pay their premiums, as well as how much to life in that policy holders can choose when to pay their premiums, as well as how much to pay.
Basically, a universal life insurance policy is a plan that offers the same death benefit as a whole life plan, but with a very flexible payment structure.
Universal life insurance offers flexible premiums and the ability for the insured to increase or decrease the benefit as their needs change.
The Non-Medical Universal Life policy is a flexible premium, adjustable benefit life insurance contract that offers both death benefit protection, as well as a cash value componLife policy is a flexible premium, adjustable benefit life insurance contract that offers both death benefit protection, as well as a cash value componlife insurance contract that offers both death benefit protection, as well as a cash value component.
A universal life insurance policy is flexible regarding the premium payments, as well as its death benefit protection.
For a permanent life insurance option that provides death benefit coverage, as well as cash value, but that is also more flexible than whole life, there is universal life insurance.
Universal life insurance is more flexible than whole life, as the policy holder can alter the premium (based on certain guidelines) regarding due date and the amount.
I just hope you did purchase a whole life policy and not any ordinary permanent policy such as universal life, flexible premium adjustable life, indexed universal life, and variable universal life and such.
Universal life insurance is also very distinct from term and whole life insurance because it has a flexible premium requirement, as opposed to the level structure of term and whole life.
A variable universal and universal life insurance policy also have other benefits, such as the flexible premium payment structure.
Universal life insurance can be described as an adjustable benefit life insurance with flexible premiums.
As with universal life insurance, variable universal policies have flexible premiums and death benefits, allowing you to increase or decrease your coverage with changing financial needs.
As with many types of universal life policies, this plan is quite flexible in terms of premium payment and design.
The value of the policy If you choose universal life, you may want to focus on using the flexible premium option to pay more than the amount of the monthly policy charges so the policy grows — this is particularly true as you receive additional income.
Universal life insurance, also referred to as «UL,» offers flexible premiums and a death benefit (money paid to the beneficiary after the insured's death).
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.
Universal life insurance is a type of permanent life insurance with flexible premiums based on a minimum and maximum rate — as long as you continue to pay the minimum premium, the universal policy maintains its good standing; however, no equity is built and the cash value does Universal life insurance is a type of permanent life insurance with flexible premiums based on a minimum and maximum rate — as long as you continue to pay the minimum premium, the universal policy maintains its good standing; however, no equity is built and the cash value does universal policy maintains its good standing; however, no equity is built and the cash value does not grow.
Indexed Universal Life (IUL) offers the same flexible premiums and death benefit as univerUniversal Life (IUL) offers the same flexible premiums and death benefit as universal lLife (IUL) offers the same flexible premiums and death benefit as universaluniversal lifelife.
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