A few years ago, a new product design hit the term life market. It was (and is) a universal life insurance product that looks and costs very much like level term insurance. Since Dave Ramsey is a “term only” guy, he needed to clarify things when a few carriers introduced these universal life products that.. More
This article could also be titled “Universal Life Insurance Horror Stories”. Many people call us asking for advice regarding a pending policy lapse letter. “Should I pay a higher premium or let the policy lapse?” Neither option is good and this all-too-common dilemma is very unfortunate. In this article, we will look at how and.. More
Symetra Life Insurance Company offers one of the lowest cost guaranteed universal life policies. They consistently show up in the lowest three (often the lowest) when we prepare comparison quotes. If you’re like most people, Symetra is not a company with which you are familiar. Are they a quality company? Should you consider them as.. More
If you want to explore a few smart – and often overlooked ways – to purchase life insurance, then this article will certainly help. We receive many calls from people who want to purchase life insurance later in life. The reasons are numerous. You may decide at age 65 or 75, for example, that you.. More
MassMutual is considered one of the best mutual life insurance companies in the world. They are mostly known for their whole life products, but they also have competitive guaranteed universal life (GUL) products – in some situations. You will see sample rates and learn where and when MassMutual’s GUL could be a very good fit… More
The life insurance industry has evolved over the years. 40 years ago, consumers had limited options. It was either whole life or term insurance. Today, you can choose from many types of life insurance. There are numerous variations of term and permanent life insurance. In this article, you will learn some important aspects and.. More
We have all seen the commercials touting final expense life insurance for just “a couple of dollars a day”. The emotional appeal of the commercials is strong. We all want to ensure we have funds set aside for funeral expenses when we die. None of us wants to be a burden on our loved ones. Are.. More
If you are looking for the very best guaranteed universal (GUL) policy, you came to the right place. It would be nice if we could say there is a clear hands-down winner. Unfortunately, it’s not that easy. There are several relatively new players in the GUL market. There are also a few carriers that have reduced.. More
This article is one of many articles we have written on guaranteed universal life insurance. Also known as “term for life”, this unique life insurance product looks a lot like “term to 100” since it’s fully guaranteed and, for the most part, isn’t designed as a cash-value product. However, there are some GUL products that allow.. More
