Universal Life Insurance
Flexibility and choices is what characterizes Universal Life Insurance. Policyholders may choose the rate and occurrence of premium payments, for example the more often you make payments, the quicker you will have it paid, which means less payments in the end. Taking care of payments earlier on is a great way to make sure you are not setting your self up for a financial burden you may not be able to pay for down the road.
Your premium payments are for the insurance portion in addition to the savings/investment component and the expenditure portion. The specified interest on the investment part varies with the change in rates; changes in .25 % interest stages are common as banks makes similar moves.
Some of this may be a bit confusing now but once you give Miller Carlisle Insurance Services a call and speak to one of our knowledgeable insurance representatives they will be able to help you better understand everything about universal life insurance in addition to answer any questions you may have.
Call Miller Carlisle Insurance Services today to speak with one of our friendly insurance representatives. They will collect all the information needed in order to fin you competitive quotes, create a life insurance policy that fits your needs and budget in addition to making sure that your policy maximizes coverage while keeping the price low enough to maintain well into the future. The sooner you receive universal life insurance, the better rates you will receive. So give us a call today to get started on creating a financial safety net for your family.
Life Insurance Expertise
Term Life Insurance
Term life insurance or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time.
Universal Life Insurance
A type of flexible permanent life insurance offering the low-cost protection of term life insurance as well as a savings element.
Whole Life Insurance
Whole life insurance is a life insurance policy that remains in force for the insured’s whole life.