Sentences with phrase «purchase universal life»

For example, let's say you purchase a universal life insurance policy with a 20 year return of premium feature.

For example, you might purchase universal life insurance for a death benefit and possible asset growth, but also add a term life rider to provide a larger death benefit at a lower price.

For example, some people purchase a universal life insurance policy because it may have long - term benefits, but these people also add a term rider for more coverage because of more immediate needs like a large mortgage.

Purchase universal life insurance.

If you purchase universal life insurance at a younger age, your premiums will be cheaper.

You can still purchase a Universal Life insurance policy with a cash build up feature.

Whether you decide to purchase a universal life insurance policy or the popular term life type, here are some things to keep in mind:

A 30 year term life insurance plan would be great for your younger years especially if you also purchase a Universal Life policy at the same time.

If you purchase a universal life policy in your twenties, you could be secured to have a policy for life by the time you settle down and have kids, and you might even be able to use the asset portion as a down payment on your first home.

If you've decided to purchase a universal life insurance policy, you need to find the best provider and policy for you.

To get the maximum benefit, when you purchase a universal life insurance policy, you should pay higher premiums while young; that way the money can gain interest and which may allow your payments to go down as you get older.

It would be better to purchase a universal life insurance or whole life policy that guarantees protection for life.

For example, you might purchase universal life insurance for a death benefit and possible asset growth, but also add a term life rider to provide a larger death benefit at a lower price.

If you've decided to purchase a universal life insurance policy, you need to find the best provider and policy for you.

New York Life Insurance Company offers several options for purchasing universal life policies, including the New York Life Universal Life (NYL UL), the New York Life Survivorship Life (NYL SUL), and the New York Life Custom Universal Life Guarantee (NYL UL - CG).

I recently purchased a universal life insurance policy for myself and my husband.

They purchased a universal life policy to provide funding for a buy - sell agreement and key person protection.

If you are thinking about purchasing Universal Life Insurance, you should know that there are many financial expenses associated with this type of Life Insurance policies which result in deductions from your premiums.

What would you do if you purchased a universal life policy 10 years ago only to find that your company is raising your rates.

As a result, indexed universal life insurance (IUL) evolved to address concerns with changing markets and some of the problems faced in the past by those who had purchased universal life in the past few decades.

Prior to purchasing a universal life insurance policy, there are several things to consider, such as:

Have you ever purchased a universal life insurance policy and cancelled it because the policy didn't perform as you had expected?

When an individual purchases Universal Life insurance they have an option of purchasing a cash value version or no cash value what so ever.

New York Life Insurance Company offers several options for purchasing universal life policies, including the New York Life Universal Life (NYL UL), the New York Life Survivorship Life (NYL SUL), and the New York Life Custom Universal Life Guarantee (NYL UL - CG).

Purchasing life insurance that does not require an investment and investing the money in your mortgage, an annuity, or a 401 (k) is much more advantageous than purchasing a universal life insurance policy.

In a recent article on the Forbes website, they compare funding a 401 (k) to purchasing a universal life policy by using a real life example.

Let's say you have gathered the facts and determined that your client would be best served by purchasing a universal life policy.

Not exact matches

Before purchasing a variable universal life insurance policy, you should carefully consider the investment objectives, risks, charges, and expenses of the policy and its underlying investment choices.

The North American Company for Life and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest raLife and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest ralife insurance coverage that you can purchase up to age 85, and consistently has some of the lowest rates.

If you're considering permanent life insurance, but are wary of the complexity of the policy and not interested in the cash value or investment benefits, guaranteed universal life insurance is a less expensive way to purchase nearly - lifelong coverage.

Universal is releasing its live - action films, and has purchased DreamWorks Animation.

Tom, 62, already purchased his permanent estate tax liquidity life insurance: Five years ago his trust purchased a $ 15 million no - lapse universal life insurance policy.

Universal default still lives — credit card issuers may raise interest rates, even if a card holder's never been late on a payment — but the new rate may apply only to future purchases, per the CARD Act.

Virtually all variable universal life policies I have reviewed have these characteristics: a.) illustrated (represented based on hypothetical assumptions) to have level death benefits from the day purchased until death; b.) invested in risky sub-accounts [primarily stocks]; and c.) a premium that the client believes is his or her «policy's premium.»

Had Tom purchased a market - priced universal life (low - expense version) with slightly higher target premiums in the first place, the loan or surrender value would be about $ 1 million and he could continue the policy or surrender it for the cash.

You should read the prospectus and consider this information carefully before purchasing a variable life or variable universal life insurance policy.

Term life insurance is less expensive to purchase than permanent insurance (such as whole life, variable life, or universal life) during your early years.

Though these can only be purchased as separate policies, guaranteed universal life insurance has little to no cash value, so it's considerably less expensive for permanent coverage than whole life insurance.

Universal life insurance can be purchased by individuals but is also regularly offered by employers as group universal life iUniversal life insurance can be purchased by individuals but is also regularly offered by employers as group universal life iuniversal life insurance.

When you purchase a guaranteed universal life insurance policy, you choose how long you want coverage to last, with typical options ranging to age 100, 110 or 121.

The North American Company for Life and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest raLife and Health Insurance offers guaranteed universal life insurance coverage that you can purchase up to age 85, and consistently has some of the lowest ralife insurance coverage that you can purchase up to age 85, and consistently has some of the lowest rates.

If you're considering permanent life insurance, but are wary of the complexity of the policy and not interested in the cash value or investment benefits, guaranteed universal life insurance is a less expensive way to purchase nearly - lifelong coverage.

Two types of universal life insurance: The «Single - Premium» universal life policy can be purchased with a single lump - sum payment.

There are also single premium variable universal life insurance policies which allow you to purchase coverage and fund the policy's cash value with a single payment.

In actuality, the major benefits of guaranteed universal life, that of securing a permanent death benefit with little risk, can be similarly realized through purchasing traditional dividend paying whole life insurance.

Purchase any type of Cash Value plan including Whole, Universal or Variable Life which accumulate savings.

The company also has a combination life / long - term care option whereby a policy holder can use a universal policy as an alternative to purchasing a stand - alone long - term care insurance policy.

With a universal life policy, you may be able to adjust your death benefit (within your plan limits) without having to purchase a new policy.

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

Optional riders that customize a policy to fit individual needs usually carry an additional charge and are only available through the purchase of variable universal life insurance products.