Taking too long? Close loading screen.
Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Worthington, MN Universal Life Insurance policy providers in as little as 15 minutes. Save time. Save big. Get started now.
Find the perfect plan from over 37 providers
Your one-stop-shop to compare all the rates, all at once.
With PolicyHub you get:
Over 37 policy provider comparison.
Explore multiple policies from all the leading insurers and choose the one that fits your needs.
Locked in rate discount and exclusive deals.
Benefit from exclusive deals offered only to residents of your state, and lock in huge rate discounts.
Customized policies just for you.
Our team tailors policies to your unique needs, meaning optimal coverage at competitive rates.
"I was totally lost trying to find the right Universal Life Insurance until I found PolicyHub. I was able to work with a licensed agent to compare all my options all at one. I got the perfect plan for me at a cheaper rate than I expected."
Barbara Winters
Policy Holder
ATTN: 2024 Universal Life Insurance rates just released!
Get the latest Universal Life Insurance rates for 2024 and lock in your policy today! Get started comparing policies right now.
Get the Universal Life Insurance plan with the cheapest rates in 3 easy steps.
Done in 3 easy steps
Step 1
Tell us about yourself.
Finding the perfect life insurance policy starts with answering a few questions to help us serve you better.
Step 2
Compare rates & plans.
Discuss your options with a licensed insurance agent. Compare plans to find the best policy & cheapest rates.
Step 3
Lock in cheap rates.
Secure the lowest rates and lock in the perfect life insurance policy for you and your family.
"I lost hope trying to find a Universal Life Insurance policy that wasn't insanely expensive. Thankfully PolicyHub helped me find the perfect policy that is affordable with high coverage. Thank you!"
Bill Barton
Policy Holder
PolicyHub is the smartest way to protect the people that matter most.
Safeguard Your Family
Universal Life Insurance means safeguarding your family in a worst-case scenario. Don't risk it.
Gain Peace of Mind
Far too many Americans are financially blindsided by the death of a loved one. But not your family.
Protect Your Business
Protect your business by ensuring a smooth transition of ownership with the right life insurance.
Beat Estate Taxes
Inheritance or estate taxes is burdensome for your heirs. A life insurance policy can help.
Invest in Your Future
For less than $1 per day, you can make a huge contribution to your family's financial safety.
Build Your Legacy
Through a life insurance policy, you can leave behind a legacy for your loved ones.
Get started in less than 15 minutes.
With PolicyHub getting started is easy. Compare all the Universal Life Insurance rates from all the providers in Worthington, MN. Get started in under 15 minutes.
All your Universal Life Insurance needs in one place.
Universal life insurance is a type of permanent life insurance that has an investment savings element and low premiums like term life insurance. It is often adjustable, allowing you to alter the amount of coverage you have or the premiums you pay throughout the life of the policy. Part of your premium goes into an investment account, which generates a cash value that you may borrow against or invest.
Traditional universal life insurance offers flexible premiums and death benefits with cash value growth based on a set minimum interest rate. Variable universal life insurance allows policyholders to invest their cash value into various investment options, similar to mutual funds, with potential for higher returns but increased risk.
Indexed universal life insurance ties the cash value's growth to a stock market index, typically featuring a floor to guard against negative returns and a cap on potential gains. Guaranteed universal life insurance focuses on providing a guaranteed death benefit for lifetime coverage, with less emphasis on cash value growth, often making it a more affordable lifelong insurance choice.
Save time and get the best Universal Life Insurance policy with the cheapest rates. Guaranteed.
 |
Option 1 | Option 2 | ||
|---|---|---|---|---|
| 100% Digital | ||||
| Licensed Agents | ||||
| Expert Support | ||||
| Get Started in 15 minutes | ||||
| Decades of Experience | ||||
| Compare 37+ Providers | ||||
| Zero Hidden Costs | ||||
| Top Insurance Providers |
Real PolicyHub testimonials...
"I knew I needed Universal Life Insurance but I didn't know where to go. I talked with a few other companies but the cost was outrageous. I found PolicyHub and found the perfect plan for me at an affordable cost."
Wendy Smith
Policy Holder
Get matched with a 5-Star Universal Life Insurance agent.
Roy Stephens
universal life insurance agent
Roy Stephens is a universal life insurance agent licensed in your state.
Mark Sidway
universal life insurance agent
Mark Sidway is a universal life insurance agent licensed in your state.
Cale Reeves
universal life insurance agent
Cale Reeves is a universal life insurance agent licensed in your state.
"I was searching for Universal Life Insurance but quickly found out that everyone was trying to sell me on policies I didn't need. Thankfully I found PolicyHub and get the cheapest rates and the right policy."
Nicole Nielson
Policy Holder
Introducing PolicyHub Price Match Guarantee
Our priority is to save you money while getting you the right coverage. If you find a lower rate for a similar policy anywhere else, we'll match it! With PolicyHub, you can rest assured knowing you're getting the best price for Universal Life Insurance in Worthington, MN.
Frequent Questions...
Universal life insurance is an excellent choice for individuals in the Worthington, MN area. It offers flexibility in terms of coverage, amount, and premiums and also can offer the opportunity to build cash value, giving you access to additional funds as needed. Universal life insurance gives Worthington, MN residents the ability to adjust their coverage if their circumstances in life change, allowing them to tailor their life insurance policy to their current insurance needs. It also offers death benefit protection so loved ones are protected in the event of a passing.
How should I evaluate if universal life insurance quotes in Worthington fits my financial goals?
Evaluating if universal life insurance fits your financial goals depends on multiple factors, and the best person to talk to for an answer specific to your situation is a financial professional. If you live in or near Worthington, MN, there are qualified professionals available to discuss universal life insurance and other financial products to determine which one is a good fit for your goals. These professionals can provide invaluable advice and help you lay out a financial plan that can meet your short and long-term needs.
What features make a universal life insurance policy Worthington unique compared to other life insurance products?
Universal life insurance is unique due to its flexibility and customizable nature. Unlike other various life insurance products, universal life insurance offers policyholders the ability to adjust the amount of the death benefit and the premium payment amount to match their specific needs and situations. In Worthington, MN, people can take advantage of this flexibility of universal life insurance, adjusting coverage to meet their changing needs as their lives evolve. Additionally, they can also benefit from universal life insurance's investment aspect, as any excess income that isn't used to pay premiums is typically credited to the policy's cash value at a predetermined rate.
What are the consequences of late premium payments and universal life insurance near Worthington?
In Worthington, MN, failing to make premium payments on time can have serious consequences. Most insurance companies in the area will charge additional fees and/or penalties for missed payments. Additionally, if late premium payments continue over time, there is the possibility the policy could be canceled, costing you more money for replacement coverage. To avoid these possible negative outcomes, regular payments on or before the due date should be made.
Is there a guaranteed minimum interest rate for the cash value of my universal life insurance quote Worthington?
While interest rates change based on market conditions, when it comes to the cash value here in Worthington, MN, we can guarantee a minimum of 3.5%. We strive to offer the best rates for our customers and understand the importance of having variable options. Depending on the type of account, you may find higher interest rates that have the right balance of risk and reward for you.
In Worthington, MN, if you have listed beneficiaries on your policy, each beneficiary must submit a signed and dated claim form along with a copy of the insured's death certificate. Additionally, they must provide a signed statement validating their identity and any other documentation that shows proof of their relationship to the insured. Beneficiaries should also review the policy in detail and ask questions if they do not understand any of the provisions in the policy. Following this process should ensure prompt resolution of their claim.
Can I repay a loan with the cash value from universal life insurance policies near Worthington?
In Worthington, MN, you may be able to use the cash value from your policy to repay your loan. Depending on your individual policy terms, it is possible for a policyholder to borrow money by reducing the cash value of the policy. You would need to speak with your insurer to determine if your specific policy and loan are eligible. Additionally, an experienced financial professional in Worthington, MN, could help you understand your options surrounding using the cash value from your policy to repay a loan.
Can I reinstate my universal life insurance in Worthington after it lapses?
In the city of Worthington, MN, you can always reach out to your insurance provider to discuss the possibility of reinstating your policy after it has lapsed. While there is no guarantee that your insurer will agree to reinstate the policy, taking proactive steps and initiating conversation is always your best option. Before you contact your provider, it is important to check their policy, as some insurers have different policies when it comes to reinstating a policy after it has lapsed.
Are there penalties for excessive withdrawals from my Worthington universal life insurance policy?
Yes, there are potential penalties for excessive withdrawals in Worthington, MN, depending on the type of account and the number of withdrawals made. For example, bank accounts often have withdrawal limits that if exceeded, can result in the member being charged a fee. Moreover, some accounts may also be limited to a certain number of debit card or ATM transactions each month; if exceeded, customers may incur an additional fee. It is important to check your account details to find out if your account is subject to any penalty fees for excessive withdrawals.
Is it possible to change my premium payment schedule with my Worthington universal life insurance company?
It is possible to change your premium payment schedule here in Worthington, Minnesota. Our local office offers a wide variety of payment options to suit individual needs and preferences. Whether you're looking to switch from monthly to quarterly payments, or make other adjustments, our accounting specialists are always available to discuss the best possible solutions for you and your family. We strive to ensure that our customers find the payment schedule that best fits their lifestyle and budget, so please don't hesitate to get in touch with our office to see what we can do for you.
Compare Worthington, MN Universal Life Insurance Policies
Get started today and compare over 37 Universal Life Insurance providers in as little as 15 minutes.
© 2024 PolicyHub - all rights reserved
