Every year Fortune, a magazine covering business news worldwide, puts out a list called the Fortune 500 which shares with readers the 500 largest companies in America each year. This past year’s list of 2010 included a number of life insurance companies that have made significant progress from their ranks on the 2009 list. Below [...]
The third payment option for premium charges under universal life insurance policies is the flexible premium policy. The word “flexible” implies that you and the company will reach a compromise with regard to premium payments. You will not have make one lump sum payment in the beginning, like if you were to agree to the [...]
In addition to the single premium policy, universal life insurance also provides the option of choosing a fixed premium policy. For those who cannot afford to invest a large sum of money up front, consider this policy and its details listed below. Fixed Premiums: Pay Monthly! With a universal life insurance policy providing a fixed [...]
About a year ago, a post was published on this site describing whole, universal, and variable life insurance. I feel the amount of information provided on universal life insurance in that post was not nearly enough, so I will dedicate this and the next few posts to the specific types of premiums offered under universal [...]
Most people at this stage have a general understanding of a permanent life insurance policy. What you may not know are the cause and effects of the different types of permanent life policies. As you continue reading, we’ll explain the difference between Whole Life, Universal Life, Variable Life, Variable Universal Life, Single-Premium Life and Survivorship [...]