Universal Life

Vul Or Eiul?

I need some help here, I’m looking to buy life insurance and two different people I know are trying to sell me on VUL and EIUL. My Q: is which one is better, I have two daughters and will need money for them to attend college down the road. I hear the EIUL give a gaurantee 1% return, vs the VUL, where its market driven….is this correct? Anyone with any insight on this please share your knowledge, which do you have? Also can you direct me to a website that has this info… Continue reading

Universal Life Insurance | How is Universal Life Insurance Beneficiary Over Other Life Insurance Policies?

If you are the only member earning in your family then you not only have to take care of your present but you also have to plan for your future as well. Life is unpredictable and you cannot take chances with it. And you can take care of your future with the help of a life insurance policy. Many of us must have heard about life insurance, there are many life insurance policies available in the market. These are term life insurance, whole life insurance and so on. But one life insurance that is gaining popularity is Universal life insurance… Continue reading

What Are The Best Vul And Eiul?

Universal Life Insurance guide 101

Universal life insurance is insurance with convenience of i.e. flexible premium, manageable benefit life insurance policy that accumulates account value. Universal life insurance is an improvement over the ordinary form of life insurance in terms of flexibility. The universal life insurance provides you a cash-in-value but you can make timely withdrawal from your gathered fund. Universal life insurance is popular amongst people for it allows the policyholder to decide the on premium and benefit whereas the other kinds of policies do not let the policyholder to get the benefits from the life insurance fund till the time of death. Buying… Continue reading

Understanding Universal Life Insurance

When planning for your family’s future and financial well-being you may consider taking out a life insurance policy. A life insurance policy can do more than cut a check to your family upon the event of your untimely death. Life insurance policies can also be used as investment vehicles that can carry significant tax benefits. This article is going to discuss Universal life insurance. What it is, how it works, and its use as an investment. So, what is Universal life insurance? Universal life insurance offers some benefits and flexibility not allowed by other types of life insurance policies. Universal… Continue reading

Eiul Vs Mutual Funds Which One Is Better?

Equity Index Universal Life is a combination between investment and Insurance versus regular Mutual Funds, which one is better for long term-safe investment… Continue reading

What affects the cost of life insurance?

How much life insurance will cost you depends on a few factors like your health, your age and the type of benefit or policy you have been looking for. The fact is that if you opt for life insurance at an older age you will have to pay higher premiums. The younger and healthier you are, the lesser premium you have to pay. Factors that affect the cost of life insuranceThe 3 main factors that affect the cost of life insurance are as follows: 1… Continue reading

Don’t Be Fooled By Agents When Buying Life Insurance?

if you buy whole life they tell you you can borrow “your money” but you have to pay back with interest because if you don’t if you die the company will deduct the money you borrow from the death benefit sya you have 100,000 insurance and you take 20 and don’t pay it back you die your family only gets 80,000. and if you dont take any money and you have 100,000 benefit and 20,000 cash value and you die your family gets 100,000 and the company keeps your cash value.now universal life is a little confusing it works like… Continue reading

What Two Adjustments Are Usually Made To The Cash Value Account In A Universal Life Policy?

1. Cost of the term Insurance protection is charged and current interest earned is credited
2 current interset and insurance premiums are credited.
3 guaranteed interst is earned and premiums are credited
4 excess interest and premium are charged… Continue reading

If I Can Save 300 Bucks Per Month, What Is The Minimum Life Insurance I Can Have In A Eiul If I Want It …?

filled with the most money it can contain according to the TEFRA guidelines in five years?…