Sentences with phrase «of a universal life insurance policy»

Also, many business owners choose a type of universal life insurance policy when planning for business succession.

However, a key benefit of universal life insurance policies is that you can pay a greater amount into the cash value in years when you have the money on - hand.

Additionally, the cash value of a universal life insurance policy has an interest rate that's sensitive to current market interest rates.

The cost of universal life insurance policies rise as the insured gets older and these policies charge expensive fees.

In other words, the insurance company can increase the cost of your universal life insurance policy as you get older.

Learning about some of the key features and options of a universal life insurance policy will help you decide whether this is the right coverage for your situation.

The strategy initially involves the purchase of a universal life insurance policy during your income earning years.

Furthermore, if you don't withdraw the savings portion of your universal life insurance policy while you are still alive, the insurance company actually gets to keep it.

The strategy initially involves the purchase of a universal life insurance policy during your income earning years.

An owner of a universal life insurance policy can generally take loans out against their policy, which will then be paid back with interest.

The cash value inside of a universal life insurance policy is allowed to grow on a tax - deferred basis.

Other than affordability, the primary advantage of a universal life insurance policy is the flexibility it provides.

The key feature of a universal life insurance policy is flexibility.

After retirement, many people can not afford to make larger payments and when the cost of their universal life insurance policy rises, they often lose their insurance.

This created a massive population of universal life insurance policy holders that are now stuck with under performing policies and faced with a decision on how to not go without coverage.

Some people may initially think of a universal life insurance policy as an alternative to other financial investments.

I don't know of any universal life insurance policies that don't come with an over loan protection rider.

Cash in the cash component of a universal life insurance policy can be withdrawn for borrowing — and this can be done for any reason.

The interest rates on most of the universal life insurance policies are extremely conservative (2 - 3 %) and may not even account for inflation.

The concept of the universal life insurance policy would be to have it for at least 10 - 15 years before you start to cash out or shift investments.

The exclusion is now over sixteen times this and many of those universal life insurance policies basically crashed and burned.

The policyholder is able to move funds between the two different sections of the universal life insurance policy.

There are several different variations of universal life insurance policies on the market today.

There are different kinds of universal life insurance policies, so get different quotes and compare the benefits of each one.

There is a lot of flexibility in the premiums of a universal life insurance policy.

These policies are usually a fraction of the cost of a universal life insurance policy because there is no investment component.

Moreover, the framework of a universal life insurance policy can be designed for maximum cash value accumulation with the intention of taking tax - free loans in retirement.

Then there are other types of universal life insurance policies.

The death benefit of a universal life insurance policy can be transferred quickly to the beneficiary, who will not pay any taxes on the amount.

The major advantage of the universal life insurance policy is the potential to not have to pay life insurance premiums for life, yet still be insured into your retirement.

Additionally, the cash value of a universal life insurance policy has an interest rate that's sensitive to current market interest rates.

Unlike whole life insurance, the cost of a universal life insurance policy is not guaranteed.

As the second largest seller of universal life insurance policies in Texas, what type of insurer are they considered in the state of Texas?

The cash value of a universal life insurance policy accumulates based on the amount of premium paid, monthly deductions for policy costs and an interest rate that is declared by the insurance company.

The investment portion of a universal life insurance policy look similiar to many mutual funds.

ABC insurance company is currently the second largest seller of universal life insurance policies in the state of Texas.

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.

Some purchasers of universal life insurance policies have actually sued the insurance companies for being misled by their agents!

However, if and when the cash value of a universal life insurance policy reaches zero, the policy lapses.

One more type of Permanent Insurance is represented by a variety of Universal Life Insurance policies.

As of today, Banner's biggest weakness is their strength of universal life insurance policies after taking the Choice UL product off the market.

According to Newton, the cost for term life insurance has decreased significantly in the last few years, and a new generation of universal life insurance policies from various providers allows consumers to set low monthly premiums.

The investment element of a universal life insurance policy often allows consumers to purchase a higher death benefit amount for less than a traditional whole life policy because the investment return is contributing to the policy's cash value.

Request a, «guaranteed,» version of a universal life insurance policy.

In addition, the policyholder of a universal life insurance policy may also be able to decide how much of their premium dollars will go towards the death benefit, and how much will go towards the cash value component of the policy.

A form of a Universal Life Insurance policy, these policies allow for a potential cash build up.