This is Part 6 – You can start at the beginning – HERE «Part 5 Who Should Consider Buying A Universal Life Policy? Is Universal Life Insurance right for you? I have a problem when people call me and tell me they paying $50-100 per month for a Universal Life policy because they bought for […]
This is Part 5 – You can start at the beginning HERE About Your Universal Life Insurance Quote «Part 4 – Part 6» About Variable Life Insurance The concept is the same as above. Variable Life is a “bucket.” everything works the same with a major exception. In a Variable contract, you have more control […]
This is Part 4 – You can start at the beginning HERE Universal Life Insurance Guide & Information «Part 3 – Part 5» Back to 1980’s… The interest rate the company is paying you on your “bucket.” is the critical part. Let me digress for a minute back to the 1980’s and into the 1990’s […]
This is Part 3 – You can start at the beginning HERE Benefits & Failures of Universal Life Insurance «Part 2 – Part 4» “The Bucket” What I’m about to describe is the “chassis” of a Universal Life policy, whether a standard Universal Life contract, Variable Life or Indexed Universal Life. I want you to […]
This is Part 2 – You can start at the beginning HERE About Universal Life Insurance Policies History of Universal Life Insurance Over 40 years ago, I sat in a former employer’s class anxiously waiting for the product that was going to revolutionize the life insurance industry. It was called Universal Life. It was a […]
I’m going to give the conclusion of this painfully boring and very lengthy article: Don’t buy a Universal Life policy (aka Flexible Premium Adjustable Life, Variable Life, Indexed or Equity Universal Life) if you don’t understand the inner workings of the policy.