Sentences with phrase «guaranteed universal life insurance because»

And I've talked about this being probably the best time to buy term life insurance or externally guaranteed universal life insurance because prices have either gone up or probably will go up in the near future.

And I've talked about this being probably the best time to buy term life insurance or externally guaranteed universal life insurance because -LSB-...]

Whole life insurance can cost double (or more) than guaranteed universal life insurance because the policies are building «cash value» which can be later borrowed against, or used to fund an investment.

We usually recommend guaranteed universal life insurance because it provides the most coverage for the least amount of money.

The best type of coverage for leaving an inheritance is guaranteed universal life insurance because it offers affordable fixed rates until age 100 or later.

Not exact matches

When comparing guaranteed universal life to traditional whole life insurance, the discussion shifts away from guaranteed vs. non-guaranteed because whole life insurance offers a guaranteed death benefit WITH guaranteed cash value accumulation.

Guaranteed universal life insurance is similar to whole life insurance because it is also considered a permanent policy, meaning it is supposed to last the entire life of the policy holder.

Because it offers flexibility and a cash value option, guaranteed universal life insurance offers policy holders many possible ways to put the cash value and death benefit to work for them, some of which include:

Because guaranteed universal life insurance policies have become a popular financial protection and investment vehicle, many more insurance companies than ever now offer this as a product option for clients.

Guaranteed universal life insurance is a solid option for estate planning life insurance because it provides a permanent death benefit at a relatively low cost.

Because other kinds of permanent life insurance (i.e. indexed universal life) are simply more speculative as connected to the financial markets with limited guarantees, they simply aren't as reliable (in our opinion) for executive bonus plans OR split dollar plans.

Many people opt for a guaranteed universal life insurance policy because of the low premiums and high death benefit.

A Guaranteed Universal Life Insurance policy is a more affordable permanent life insurance product because it doesn't include the investment aspect of most permanent produLife Insurance policy is a more affordable permanent life insurance product because it doesn't include the investment aspect of most permanent Insurance policy is a more affordable permanent life insurance product because it doesn't include the investment aspect of most permanent produlife insurance product because it doesn't include the investment aspect of most permanent insurance product because it doesn't include the investment aspect of most permanent products.

The reason for this is quite simple it's because a no lapse universal life also known as guaranteed universal life offers the most affordable permanent life insurance protection with a guarantee that your policy won't lapse if you pay your premiums regardless of how the market is performing.

If you are a senior over the age of 65 looking for coverage, Protective can also be an excellent choice because they offer a Guaranteed Universal Life policy with pricing that is comparable to term insurance.

Some permanent life insurance products cost significantly more than a guaranteed universal life policy, because a good amount of the premium is going towards building up cash value in the policy.

Penn Mutual's Guaranteed Protection Universal Life: this GUL policy offers the benefits of a permanent life insurance death benefit protection and affordability, but with cash value growth, because life is uncertLife: this GUL policy offers the benefits of a permanent life insurance death benefit protection and affordability, but with cash value growth, because life is uncertlife insurance death benefit protection and affordability, but with cash value growth, because life is uncertlife is uncertain.

However, a guaranteed universal life insurance policy is something entirely different once again because it guarantees premiums right up to a chosen age; this can can be as high as age 121, or as low as 90 years of age.

I think the no lapse guaranteed universal life may be the better option than a fully underwritten term life insurance policy, because it does provide guaranteed lifetime coverage.

«Guaranteed Universal Life» insurance can also be a popular choice for 63 year olds because you can get a cheap policy that doesn't expire.

This guarantee was a big step for the universal life insurance arena, as policies sold back in the 1980s and 1990s have had a history of implosion because of rising and declining interest rates.

Because ordinary universal life insurance must have cash value to stay in force, the guaranteed UL allows policies that would otherwise lapse to remain in force so that the beneficiary receives the death benefit that they are entitled to.

There's guarantees built into the policy so it acts as a level term policy without an expiration date because Prudential can't raise your rates or bring down your coverage amount where most universal life insurance policies, that's a possibility.

Guaranteed Universal Life Insurance or GUL, or also known as a «Permanent Term» because it technically does carry an expiration date.

I'm glad you said that the guaranteed universal life insurance policy is usually purchased by seniors because the term outlasts your life.

If you are inclined to buy whole or universal life insurance because of its lifelong protection and investment component, imagine paying $ 5,000 or more in premiums for the rest of your life and getting a guaranteed 4 % rate of return on your cash value.

Guaranteed universal life insurance is a solid option for estate planning life insurance because it provides a permanent death benefit at a relatively low cost.

Because survivorship universal life insurance is a form of universal life insurance, your beneficiaries will get a guaranteed death benefit.

If you just want protection because your father is telling you to do so and the monthly premiums might put a dent on your bank account while going through college, buy a term life insurance policy from a reputable life insurance company that will give you the opportunity to convert your term life insurance to a guaranteed universal or whole life, should you change your mind about keeping your term life insurance.

Guaranteed universal life insurance can be obtained with much lower up front costs because only the insurance (and not the investment) is being paid for up front.

Many people opt for a guaranteed universal life insurance policy because of the low premiums and high death benefit.

Whole life insurance is one option, but the experts I talked to said they prefer guaranteed universal life to age 90, 95, 100, or even 121 because the premiums are so much lower.

Just like term life insurance, guaranteed universal life insurance generally costs less than its permanent life counterparts because it requires a medical exam, which allows the insurance company to better gauge the risk they are taking if they insure you.

Guaranteed universal life insurance generally costs less than its permanent life counterparts because it requires a medical exam, which allows the insurance company to better gauge the risk they are taking if they insure you.

With some companies, like Guaranteed Universal Life and North American Life Insurance, another acceptable situation is when the policyholder has been permanently confined to a nursing home or similar type of facility, or they require long - term care because they can no longer take care of themself.

Guaranteed universal life insurance policies are often referred to as term - to - 90, term - to - 95, or term - to - 100 policies because they work just like a term policy.

These policies may be ideal in this situation because they can be less expensive than purchasing a guaranteed universal life insurance policy, and do not pay out until both parents pass away.

Guaranteed universal life insurance policies are a common choice for estate attorneys, bankers, and financial planners because they are less expensive than other types of «permanent» life insurance, and most companies will offer at least $ 5,000,000 of coverage.

Second to die insurance and guaranteed universal life insurance policies are ideal for funding a trust because they're designed to provide affordable lifetime coverage without requiring an investment.