Sentences with phrase «like universal life»

For those who really do care about protecting their family, but really can't get past the idea that they might «waste» some money, there is always permanent coverage like universal life.

Like universal life, whole life has a cash account that is credited by the insurance company and builds cash value over time.

Whole Life Insurance is a type of permanent life insurance that does not have flexible premium payments like universal life insurance does.

Like universal life no lapse policies, I would venture to say that by this summer we will see the rate increases flowing like spring run off.

Like the universal life of the 1980's, these policies are being sold as investments and retirement planning vehicles.

For those who just can't get over the idea of spending money to protect their family and not getting anything back, there is always a permanent insurance like universal life or if you agree that the need is temporary, a return of premium term insurance policy.

Like universal life, the interest earned on the cash - value account may be less than you could get elsewhere.

Variable universal life insurance works like a universal life policy, except that you control the investments.

The III offers some guidelines on how to decide whether permanent life insurance like universal life is right for you.

You might be a candidate for a permanent policy like universal life if you're looking for a long - term death benefit — maybe it's to leave your family with a nice, potentially tax - free, inheritance or to make a final charitable donation.

You should keep in mind the conversion privilege and convert to whole life or another type of permanent policy when able... like the universal life policy.

Finally, like universal life, you can borrow against your policy's cash value, using it as collateral for a low - interest loan.

As time goes by you may want to consider the combination policies like universal life or variable universal life or, on the other hand you may prefer a whole life policy combined with term 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 amount.

You would convert to a permanent policy like universal life insurance, variable universal life insurance or whole life insurance.

If you are considering a permanent policy like universal life, variable universal life or whole life insurance you should keep in mind that some companies have performance records over the years that are well above average.

I sincerely believe that term insurance is the best type of policy for many people but serious consideration should be given to permanent plans like universal life, variable universal life, variable life and whole life insurance.

Many shoppers prefer the simplicity and affordability of term life insurance over complicated products like universal life to get the coverage they need to protect their loved ones.

Life insurance products like universal life provide significant tax advantages over other products.

Whole life insurance has other plans like universal life insurance coverage that include other things like flexible payment plans and more.

Just like Universal Life, the policyholder can access the accumulated cash in the policy through policy loans.

They do not build cash value like whole life insurance, and they are not flexible like universal life.

If you'd like universal life insurance, but only need a policy up to $ 100,000, check out Ohio National Financial Services.

Companies that offer this rider will allow the policyholder to convert all or part of their insurance policy to permanent life insurance like universal life or whole life.

Variable universal life is much like universal life but instead of the cash value amount being invested in a safe low - interest - bearing account, it is invested in higher risk opportunities like mutual funds or stock funds.

Fixed Premiums - Some types of insurance exist, like universal life insurance, which allows flexible premium payments.

Fixed Premiums — Some types of insurance exist, like universal life insurance, which allows flexible premium payments.

If you want to consider investment life insurance vehicles like Universal Life and Variable Universal Life, you should meet with a licensed life insurance agent to review the benefits.

Like universal life, as premiums are made, costs of insurance, policy fees and expenses are deducted and the balance is directed toward investments called sub-accounts.

Like universal life, whole life policies build cash value that grows tax deferred.

There is a wide variety of insurance products to help you protect you and your family for years to come - like universal life insurance, travel insurance.

The other side of the coin is to consider buying something like a universal life insurance policy and start a savings plan while they are still young.

Cash value grows tax deferred (like a universal life policy).

Cash Surrender Value Permanent life insurance policies like universal life insurance, whole life insurance and variable life insurance are more attractive thanks to the presence of built - in cash value.

Once you understand the major components of ordinary life insurance, you'll know we're speaking of products like universal life insurance, indexed universal life insurance, variable life insurance, and whole life insurance (including survivorship policies).

Before you change life insurance review the different types of policy options: Term, Whole Life or other permanent life policies like Universal Life insurance are some of the possibilities.

Cash value life insurance policies like a universal life insurance policy may also be used as vessels to save money for other larger investments, like saving for a down payment on your first home.

Like universal life, the premium payment might vary, but not above the maximum premium guaranteed within the policy.

There are a wide variety of insurance products to help you protect you and your family for years to come - like universal life insurance, travel insurance.

Like universal life, this cash value is an investment.

The cash value aspect of whole life insurance is similar to other types of permanent life insurance like universal life insurance and variable life insurance, which all feature cash savings.

Like universal life insurance, you can adjust the premium and death benefit of your policy.

Much like universal life insurance, whole life has the potential to accumulate cash value over time, creating an amount that you may be able to borrow against.

Like universal life insurance, whole life insurance (WL) provides a death benefit and a cash account that earns interest.

As a «Buy Term Invest The Difference» type of company, Primerica only sells term life insurance and actively campaigns against other types of permanent policies like universal life and whole life.

We don't often see whole life used the way it was in past decades as products like universal life have made it somewhat obsolete for the masses; whole life is good for a small percentage of Americans.

A variable universal life policy (VUL) is set up exactly like a universal life.

Such as when you are dealing with a more complicated insurance product like universal life insurance.

Variable universal life is much like universal life but instead of the cash value amount being invested in a safe low - interest - bearing account or utilizing an index option, a variable universal life policy is invested in higher risk opportunities like mutual funds or stock funds.

Like universal life insurance, you may be able to change your death benefit, but you will have to go through the insurability process again.