View 10 How To Find The Cash Value Of Your Group Universal Life Insurance Policy
Pictures. A universal life insurance policy's cash value can be used as: Find the right life insurance policy by comparing live quotes across a range of different policy types from the most reputable providers.
The cash value of a permanent life insurance policy, such as whole life insurance, can during a financial storm, there are four ways to tap the cash value of your life insurance to help you stay other variations, such as universal life, variable universal life and indexed universal life, may also. The performance of your variable universal life policy will depend on the performance of the mutual funds you are managing. Indexed universal life insurance links the cash value to the gains of a stock index such as the s&p 500.
A universal life policy also gives you the flexibility to raise or lower premium payments within certain limits, so it can cost less than whole life coverage.1.
It takes careful budgeting and a serious commitment to reaching your goals. Life insurance companies like to show you illustrations based on a 5% return but what you should focus on is the guaranteed values and do a comparison similar to what i've done above. Find the cheapest insurance quotes in your area. Learn more about this type of permanent insurance coverage how it differs from whole life.