universal is when the insured person die you get the benefits, optional term you get benefits with term limit
The primary difference is how the cash value is invested. Variable universal life means it is invested in stocks and mutual funds and a "fixed" universal life is usually dependent on interest rates. Both carry high risk, but a fixed universal life policy gives you a guarantee that it will not go below a certain interest rate, while variable universal policies usually do not.
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.
Nothing is the difference. Universal Life can be fixed or variable. Variable simply means that the cash value is invested in stocks or mutual funds to create a fast (sometimes slower) cash value. With a fixed Universal Life product, the cash value can be linked to an interest rate or an Index.
Mass Mutual Financial Group offers several different types of life insurance. They offer Term, Whole life, Universal and Variable universal life insurance to individuals and families.
Generally yes as you are buying in at a group rate with limited or no underwriting. Get a couple of quotes for regular UL and compare them together including premium and cash value growth focusing on the guaranteed illustration only.
The in group are usually the most popular students at school or in life. The out group consists of everyone else.
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
UL policies apply a stipulated interest rate to the cash value, where VUL policies have a selection of mutual funds to choose from which can go up or down with the stock market.
Universal Life Church was created in 1962.
Universal Life - Cyprus - was created in 1970.
Atheists think that there is no universal meaning to life.
A term life insurance policy is a basic protection that covers expenses in case of an accidental death, it will sometimes cover debilitating injuries, but only briefly. A universal insurance policy covers a wider category and can sometimes be cashed in.