Universal Life Insurance Quotes
Instant Universal Life Insurance Quote Comparisons Online
Universal life insurance quotes are available here online in an instant. Be careful to contrast policy features, and riders in detail to make sure you are making proper rate comparisons. Universal life comes in many flavors. Consider getting online quotes looking at:
Decide which universal life policy configuration meets your needs, then complete the online form found below for an instant quote. If you like what you see then request a personalized quote based upon more complete information.
Universal Life Quotes: Model Regulation
A Universal life policy is a complex insurance contract with many advantages and disadvantages. Make sure you work with a qualified, licensed insurance agent to understand how your policy might work.
To help better understand how certain universal life features might be expected to perform over time, your agent should provide you with an illustration conforming to model regulations and actuarial standards. Illustrations are used to project expected death benefit amounts, maturity dates, cash values, credited interest rates, etc. A basic illustration shows guaranteed and non-guaranteed items.
The purpose of the model regulations is to prevent insurance fraud. At the same time it helps consumers rely on the data presented. Even well meaning agents can unintentionally mislead consumers if they create an illustration that has not been verified as compliant with model regulations.
Universal Life Quotes for Estate Planning
Universal life insurance is an important estate planning tool. The flexibility built into the policy and tax favored treatment of the contract provide significant advantages for many couples. Universal life benefits can be used to pay debts, buy out business partners, and create an estate for heirs when none existed.
Please consult a certified financial planner where comparing quotes for universal life insurance. Estate planning is a complex topic, with significant tax treatment issues. Find simple examples with the instant online quotes we provide. Work with a qualified professional to make a purchase decision. Estate planning is beyond the scope of our expertise.