Sentences with phrase «majority of universal life insurance policies»
According to Henry Montag of Financial Forums, Inc., the majority of universal life insurance policies sold in the past relied on a growth rate of 7 - 10 % to earn enough interest to keep their rates affordable.
https://www.jrcinsurancegroup.com/ Not exact matches
While the survey didn't break down the particular types, we can assume the majority had the combination of a term life policy with a smaller universal or whole life insurance as subsequent policy.
A small amount of the premium paid into an indexed universal life policy goes toward the cost of insurance charges while the majority of the premium goes to the cash value account.
MetLife spun off the majority of their individual life insurance business into a new company called Brighthouse Financial, which now offers the traditional term life insurance and universal life insurance policies that used to be available through MetLife.
The vast majority of traditional universal life insurance policies do not earn more than the interest rate guaranteed by the insurance company.
The vast majority of traditional universal life insurance policies earn only the minimum disclosed rate, not the assumptive rate.