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Answered 2010-12-23 14:33:08

Universal life is a tool just like whole life and term. They all have their place, but not everyone need universal or term insurance. It depends on what your goals and fears are.

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Yes. To sell variable universal life insurance you will need a Series 63 Securities License, a variable life insurance license, and a regular life insurance license.


Universal Life Insurance is the one type of life insurance. This is a flexible version of life insurance where you get the savings element of whole life. Universal Life Insurance policies is the combination of death benefits with a savings component or cash value that is reinvested and tax deferred.


Whole life insurance is less flexible then universal life insurance when it comes to premiums and payouts.


Universal life insurance is a form of life insurance, a policy used to provide a family with money after the death of the one getting the insurance. Universal life insurance can be purchased from many of the leading life insurance companies, including Nationwide and American Family.


Universal Life Insurance Policies work by giving death benefits when one dies. Unlike other life insurance policies, universal life insurance policies generate interest over time.


Jeanne G. Thomas has written: 'Universal life insurance' -- subject(s): Life Insurance, Universal life insurance


There are many companies you can get information about universal life insurance; MetLife, State Farm, and so on you just need to go to the website or call the 800 number they provide to get information.


It is a cashed based, permanent life insurance. You earn interest based on stocks or bonds. There is a savings element involved with universal life insurance. It is more flexible than standard life insurance.


Generally there are 3 types of of life insurance policies:Whole Life InsuranceTerm Life InsuranceUniversal Life Insurance



What are the benefits of universal life insurance, and what are the possible drawbacks of this type of policy


Group universal life insurance, which is a voluntary life insurance policy can be found through MetLife. Here one wil find all information regarding the insurance.


You do not need a will for life insurance. I don't have a will, but I have life insurance. ;)


Universal Life is called only Universal Life! Universal Life 1 may just be a name given by the marketing department at an insurance company. mcdlife.com


Universal is better term expires and if it does before you do-you get nothing. Different people in different circumstances need different types of insurance. Since we do not know anything about you other than that you presently have universal life insurance (or whole life, as it is more usually called) we have no basis to recommend whether you should convert it into term life or not.


AAA Life Insurance offers three main types of life insurance policy these include Whole Life insurance, Term Life Insurance and Universal Life Insurance.


The following are the types of life insurance lawyers in wichita •Life Insurance for Smokers •Life Insurance for NonSmokers •Business Life Insurance •Universal Life Insurance


There are several types of life insurance policies available at MetLife including Term Life, Whole Life, Universal Life, Variable Universal Life and Survivorship Life.


Variable universal life insurance is not an account. It is a policy that invests in separate accounts in an attempt to earn higher returns than a fixed policy. A variable universal life insurance policy can be converted into a different type of life insurance policy but not a different kind of account.


Banner Life Insurance offer life insurance services. They offer Term Life Insurance which covers a person for a specific time and Universal Life Insurance which covers one for life.


two different types of death insurance (A+)


This life insurance policy has two different types of death benefits.


Universal Life Insurance is a type of permanent life insurance that can primarily be found in the United States. The rates for this insurance will depend on the insurance company that you use although their is a contractual minimum of between 2% and 4%.


Is $241 a month too much to pay for a $200,000 universal life insurance policy?


Universal life insurance means you will pay the same premium until death, where as with term life insurance you will pay a certain premium for a period of time and then may or not be offered the same premium again for another term.



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