Universal Life Insurance
Universal Life insurance is a relatively new insurance product intended to provide permanent insurance coverage with greater flexibility in premium payment and the potential for a higher internal rate of return. A Universal Life Insurance policy includes a cash account. Premiums increase the cash account. Interest is paid within the policy (credited) on the account at a rate specified by the company. This rate has a guaranteed minimum but usually is higher than that minimum. Mortality charges and administrative costs are charged against (reduce) the cash account. The surrender value of the policy is the amount remaining in the cash account less applicable surrender charges, if any.
15 MINUTE UNIVERSAL LIFE INSURANCE CONSULTATION
Reasons to call Legacy Quote about your Universal Life insurance policy.
- You want to upgrade your policy to provide better coverage to your family
- You want or need to save money/ cut back on your expenses
- You're not sure if a Universal Life insurance policy is still the best type of policy for your financial current plan.
Insurance Quotes for Universal Life insurance
If you want the most competitive insurance quotes on Universal Life insurance policies, Legacy Quote has access to the leading and most competitive Universal Life insurance policies available. Call us so we can prepare the most competitive quotes available.
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