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How to Get the Best Rate for Variable Universal Life Insurance

Looking to buy variable universal life insurance? Want to know how to get the best rate with a reliable company? Here’s how …

What is variable universal life insurance?

This is a type of policy that consists of two parts – life insurance and an investment known as cash value. When you pay your premium, part of that money goes to pay for life insurance and the rest goes into your cash value account.

The cash value is invested in a group of funds by your insurance company. These funds generally … Continue Reading

The best Universal Life Insurance Policies

At a certain point in time you may take a step back and look at what is going on in your life and decide it is time for you to consider a life insurance policy. The mortgage on the house is something that would need to be paid for if you should die before it is paid off. What about funeral and burial costs?

They are known to be quite expensive. You’ve heard of the common type of insurance called term insurance, but you have decided that you really don’t want to get involved in … Continue Reading

The Best of Both Worlds – Equity Indexed Universal Life Insurance

Although equity indexed annuities have been around for a number of years, equity indexed universal life (EIUL) insurance is a relative newcomer to the life insurance marketplace.

EIUL is a spin on universal life (UL) insurance, a popular policy type because you can increase or decrease your death benefit as your needs change and your premiums can be adjusted accordingly. UL policies also build a cash value against which you could borrow or even use to pay your premiums.

The equity indexed concept is relatively simple: the amount of interest credited to your policy’s … Continue Reading

Where to Get Low Cost Universal Life Insurance Quotes?

Universal life is the second-most popular form of life insurance. Here’s where to find low cost universal life insurance with a reputable company.

What is universal life insurance?

A Universal life policy is a flexible type of policy that allows you to change the amount of your death benefit and vary the amount of your premium. It consists of two parts: 1. pure life insurance and, 2. a cash value account that earns tax-deferred interest.

What are the benefits of universal life insurance?

The primary benefits of universal … Continue Reading