Universal life insurance is one type of permanent life insurance that can provide security for your family. Universal life insurance provides for death benefits and has a cash value feature that can help meet your future financial needs.
When you want to compare universal life insurance rates, find a local independent agent in the Trusted Choice® network who specializes in life insurance. These agents have access to a broad range of life insurance companies and can help you evaluate several policies. Contact a local member agent in your area today to learn more about universal life insurance and compare quotes.
Universal life insurance is one type of permanent insurance designed to stay with you for your entire life. The other main type of permanent life in insurance is called whole life. These permanent policies differ significantly from term life insurance, which insures you for a specified period of time and only pays a death benefit. Permanent policies have a cash value accumulation feature not found with term life insurance.
Although there are some alternatives to how you purchase whole life insurance, universal life insurance offers more flexibility. A universal life insurance policy has two main features that set it apart from whole life insurance. These include:
Universal life insurance is a good insurance plan to consider if you are interested in covering any of the following:
Universal life insurance policies and premium rates can vary among the numerous life insurance companies. To find the best plan at the best rates, it is important to do some comparison shopping.
The best way to achieve this is to talk to an independent agent in the Trusted Choice network who specializes in life insurance. These agents have access to many life insurance companies and can help you find the policy that meets your individual needs.
A universal life insurance policy has a variety of options to allow you to select the most ideal plan for your individual situation. The policy plans you can choose from include:
Premium flexibility is one of the advantages of universal life insurance. Your premium options include:
The cash value accumulation feature in a universal life insurance policy offers several choices:
Universal life insurance can be an excellent way to protect your loved ones. Its flexibility allows you to alter the death benefits and premium options, and may provide you with applicable investment options. You can set up a policy which is tailored for your specific financial needs with a little help from an independent agent.
To find the best coverage for your needs at the most competitive rates, talk to an independent agent in the Trusted Choice network who specializes in life insurance. A member agent in your area can help you get all of your questions answered, compare different universal life insurance options and find the right plan at an affordable rate. Contact a local agent for personalized assistance today.