Universal Life Insurance Plans

Purchasing life insurance is a very important decision to protect your family in the event of your death. Universal Life Insurance policies include a savings portion of the policy that grows on a tax-deferred basis. The insurance company invests a portion of your premiums in bonds, money market funds, etc. The return on these investments is credited to your policy on a tax-deferred basis. The policy applies a guaranteed minimum interest rate so that no matter how the investments perform, you are guaranteed a certain minimum return on your money. If the insurance company does well with its investments, then there will be an increase in your cash accumulation.

Universal Life Insurance Quotes

Universal Life Insurance policies allow you to choose from two different death benefit options: Option A and Option B. Option A will pay the death benefit from the cash value of the policy; the more cash value you receive the less the company has to pay out. For this reason, these Universal Life Insurance Policies are the less expensive option. Option B pays the original face amount, plus the accumulated cash values over the years. For this reason, the premiums are more expensive.

Many Universal Life Insurance policies today offer a guarantee that your policy will not lapse as long as you pay the minimum designated premium. Most policies will stay in force to age 100 or more. However, paying only the minimum guaranteed premium does not allow for much buildup of cash values. Universal Life Insurance offers more flexibility than Whole Life Insurance since you can pay the premiums from the cash buildup.

Universal Life Rates & Option

You may also want to consider Term Life Insurance at a lower premium cost and invest the premium savings yourself. If you only need the life insurance during your income earning years, then you may decide that Term Life Insurance is a better option for you.

Consult our Universal Life Insurance Plans Experts at Bottom Line Insurance Consultants at no charge to help you make these decisions and to find the best policy to insure your needs. We are experts in all types of life insurance policies and are standing by ready to assist you with this important decision.

Universal Life Insurance Plans | Universal Life Insurance Quotes | Universal Life Rates & Options

Bottom Line recommends that you talk to one of our consultants before applying on any website including ours.   When comparing benefits from each carrier, the benefits aren't always as they appear.  You are making an important decision.  Call for complete policy information before applying. 

There is no added cost when applying through Bottom Line or for consulting with our insurance professionals.  Premiums are the same as buying direct from the insurers and you get ongoing customer service year after year at no added expense to you.