Sentences with phrase «traditional universal life policy»

Unfortunately, life insurance agents that sell traditional universal life policies tend to focus on an assumptive rate of return instead of the guaranteed rate of return that the policy will likely produce.

This may give you greater potential for growth compared to traditional universal life policies, where the interest rate is declared by the insurance company, particularly in a low - interest rate environment.

This may give you greater potential for growth compared to traditional universal life policies, where the interest rate is declared by the insurance company, particularly in a low - interest rate environment.

Unlike whole life or traditional universal life policies, a no - lapse guarantee universal life policy ensures the premium will never change or coverage will lapse as long as you make your on - time premium payment.

Its cash accumulation potential is typically greater than a traditional universal life policy, but safeguarded against market downtowns.

Traditional universal life policies will lapse / expire when the cash account dwindles to the point that there are insufficient funds to cover the policy expenses and cost of insurance.

The «Accumulator» product is a traditional universal life policy with a guaranteed return on cash value.

Both of these offer an opportunity to take some of your cash value (this is built in all permanent life insurance policies) and invest it for possible returns while still providing the same flexibility that a traditional universal life policy offers.

Many people lost their life insurance policy or investments when they invested in a traditional universal life policy in the past 20 - 30 years, however the new indexed universal life policy has been developed to provide safer options.

Although the traditional version of universal life insurance was a popular and safe option a couple of decades ago, as the financial situation of the past two decades has seen periods of instability, the advantages of the traditional universal life policy have diminished and become more risky.

What's more, there's no minimum guaranteed rate of return like there is with a traditional universal life policy.

Typically, life insurance policies that are used to supplement retirement benefits provide you with a low death benefit relative to the cash value and premium payments, but offer you a higher cash value than you would otherwise get with a straight whole life or a traditional universal life policy.

Equity indexed life combines the benefits of a traditional universal life policy with the ability to earn stock market type returns without the downside risk associated with equities.

In other words, the cash value of your traditional universal life policy will not be paid out to your family or beneficiaries.

These little extras that Permanent Life insurance contain increase the premiums of Whole Life and Traditional Universal Life policies.

Indexed Universal Life, or IUL, protects you like a traditional universal life policy, with a guaranteed death benefit.

The problem with traditional universal life policies that were sold on a non guaranteed basis has escalated just like the economic meltdown that has now taken away tens of millions of homes.