Sentences with phrase «universal life insurance policy if»

Plus, you can convert your term life policy to a whole life policy or universal life insurance policy if you decide the latter is a better choice.

Tip # 2: Consider a guaranteed universal life insurance policy IF you're in good health, this will be the cheapest permanent life insurance you can find.

Not exact matches

If you are older and want a permanent life insurance policy, perhaps to cover estate taxes or leave an inheritance, guaranteed universal life insurance provides lifelong coverage with little to no cash value component.

This option is usually only available with universal life insurance policies and is somewhat risky because your policy will lapse if its cash value reaches zero.

So if you want a permanent life insurance policy that lets you make your own investment choices within your policy, consider variable universal life insurance (VUL).

If you're below 80 or fairly healthy, you should be able to qualify for term or guaranteed universal life insurance policies which offer low rates for seniors.

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.

If you are looking for a life insurance policy as an investment vehicle, you may want to consider a permanent life insurance policy, such as whole life insurance or universal life insurance.

If you've ruled out any chance of variable life insurance, there are only two policies left to consider: universal and whole life insurance.

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

If you have a universal life insurance policy, you can check how the investment portion of your policy is performing.

If you can afford to pay a little more for your coverage, you can lock in a rate on a permanent life insurance policy, such as whole life or universal life.

Sagicor's guaranteed universal life insurance policy is somewhat similar to a term life insurance policy that lasts until you turn 120, making it a great choice if you just want a permanent death benefit.

If you are considering permanent life insurance — such as whole life, universal life, or variable life insurance — you probably know that these types of policies provide both death benefits and cash value accumulation.

Not only does the single premium option eliminate one of the core benefits of a universal life insurance policy — flexible payments — but you need to confirm if this policy will be a modified endowment contract.

If you're below 80 or fairly healthy, you should be able to qualify for term or guaranteed universal life insurance policies which offer low rates for the elderly.

If you have a permanent life insurance policy, such as a whole life or universal life insurance policy, you may wonder at some point about cashing in your policy.

Lifetime Assure universal life insurance is ideal if you're planning for the future and need a versatile insurance policy designed to provide death benefit protection.

Guaranteed universal life insurance is a universal life insurance policy that won't lapse if the cash value is zero.

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.

If you do need permanent life insurance, it will cost more than term coverage and a guaranteed universal policy is the closest way to approximate your cost of coverage.

But this strategy is more flexible if you've invested in a universal life insurance policy as you're not required to pay the higher amount in years when it would be difficult.

At the time a universal life insurance policy matures, if you're still alive, you would receive the policy's cash value and surrender coverage.

If you're thinking of buying a cash value life insurance policy, ask your agent or company for a sales illustration, which is a computer projection of future premiums, cash values and death benefits based on the current dividend scale (whole life) or current interest rates and current costs of insurance (universal life).

Another possibility if only a death benefit is sought after is a guaranteed universal life insurance policy.

If you are considering a whole life, variable or universal life insurance policy, it's important to remember that fees will eat into your return, and if you are comfortable with a bit of risk, the stock market will usually produce a better returIf you are considering a whole life, variable or universal life insurance policy, it's important to remember that fees will eat into your return, and if you are comfortable with a bit of risk, the stock market will usually produce a better returif you are comfortable with a bit of risk, the stock market will usually produce a better return.

If you go with a Universal Index Life insurance policy, or you go with a basic term life insurance policy, either way there are some techniques that you can use to save moLife insurance policy, or you go with a basic term life insurance policy, either way there are some techniques that you can use to save molife insurance policy, either way there are some techniques that you can use to save money.

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

For example, a common arrangement is for the employee to pay the cost of term insurance relative to the policy and if the policy is permanent life insurance, such as a cash value life insurance policy OR indexed universal life, the cost of term may be substantially less than the actual cost paid by the employer.

If you want to use a cash - value life insurance policy as an investment tool, you have options beyond whole life insurance, including variable life insurance and indexed universal life insurance.

The cash value of variable insurance isn't guaranteed if your investments underperform, and the cash value of a universal life policy is protected from risk but can be depleted if it's accessed to pay the policy premiums (explained below); neither offers dividends.

If you think variable universal life insurance is just some aspects of universal and variable life insurance policies mashed together... well, you're mostly right.

Universal life insurance is only really worth it if you're going to take advantage of its flexibility, and a variable life insurance policy works best if you can take advantage of the investment options.

I have found out that this is a Universal Life Insurance, not a whole life policy, if that makes a differeLife Insurance, not a whole life policy, if that makes a differelife policy, if that makes a difference.

Hi David — If it's pure death benefit and not cash value you're looking for, look at a guaranteed universal life insurance policy.

That way, if the market is doing great (going up), then you'll be the one reaping the benefits that come with a variable universal life insurance policy.

If you decide that indexed universal life insurance plans don't work for you and your family, there are dozens of other life insurance policies that you can choose from.

The reason for this is quite simple it's because a no lapse universal life also known as guaranteed universal life offers the most affordable permanent life insurance protection with a guarantee that your policy won't lapse if you pay your premiums regardless of how the market is performing.

If you miss a payment on your term insurance, it will most likely lapse for non-payment whereas the indexed universal life insurance policy will continue since insurance cost can be paid with the cash that has accumulated in the policy.

For example, if you're looking for life insurance over 70, you can't buy return of premium at all, unless you use a Guaranteed Universal Life policy with return of premlife insurance over 70, you can't buy return of premium at all, unless you use a Guaranteed Universal Life policy with return of premLife policy with return of premium.

If you need lifetime life insurance coverage, then a universal life (UL) insurance policy may be the ideal insurance product for you.

In the meantime if you still need coverage, you might want to consider buy a term or guaranteed universal life insurance policy prior to cancelling your whole life policy to make sure you are covered.

If you need life insurance that will stay in force no matter how long you live and are not concerned about building cash value, then a guaranteed universal life policy or even a universal life policy designed properly is often the best option.

A potential client called recently asking if he could purchase a guaranteed universal life insurance policy with $ 100,000 face value at the age of 75.

If your insurance needs are long - term or you are unsure, buy a term policy with a conversion option to a permanent policy such as Universal Life or Whole Life.

These things will help you determine if you should buy a term, whole, indexed, variable or guaranteed universal life insurance policy.

Or alternatively, if he is a healthy non smoker, he could purchase a guaranteed universal life insurance policy with a $ 350,000 death benefit for as little as $ 3,708 per year, which would generate an tax free, cash benefit of $ 350,000 upon his death.

A no - lapse guarantee universal life (UL) insurance policy to age 111 or 121 is one of the best if not the best policy of all the final expense options for a healthy senior.

If you want life insurance coverage to protect you for your entire life, a permanent insurance policy such as a whole life or universal life insurance policy would be appropriate.

We can see if a universal life insurance no exam policy available through Sagicor Life Insurance Company is a good fit for your situatlife insurance no exam policy available through Sagicor Life Insurance Company is a good fit for your sinsurance no exam policy available through Sagicor Life Insurance Company is a good fit for your situatLife Insurance Company is a good fit for your sInsurance Company is a good fit for your situation.