Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Ann Arbor, MI 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 Ann Arbor, MI. 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 Ann Arbor, MI.
Frequent Questions...
Universal life insurance (ULI) is a type of permanent life insurance that provides financial protection to Ann Arbor, MI families if a primary breadwinner passes away. ULI premiums are adjustable, which makes them more versatile than other types of permanent life insurance plans. Not only does ULI provide protection for Ann Arbor residents, it also offers tax savings and potential cash accumulation which can be accessed in the future for college tuition, retirement, or other life goals. ULI is a valuable resource for individuals in Ann Arbor looking for permanent life insurance.
For whom are universal life insurance quotes in Ann Arbor most suitable?
Universal life insurance is a flexible and cost-effective solution, particularly suited to the needs of those living in Ann Arbor, Michigan. Universal life policies are designed to provide a financially secure future for policyholders, their families and businesses, offering an array of coverage options and low premiums. The flexible nature of universal life makes it easier for Ann Arbor residents to pay according to their income and to adjust their policy as their life and financial circumstances change over time.
Are there any riders or additional benefits I can add to my universal life insurance policy Ann Arbor?
Yes, there are a variety of riders and additional benefits you can add to your policy in Ann Arbor, MI. Depending on your insurance coverage needs, you may be able to add coverage for flood damage, pet injury, emergency home repairs, travel protection, and more. You may be eligible for discounts on these riders and benefits, depending on the provider and the area in which you live. Be sure to check with your provider to learn more about the riders and benefits that are available to you.
What are the consequences of late premium payments and universal life insurance near Ann Arbor?
In Ann Arbor, MI, the consequences of late premium payments generally involve a cancellation notice from the insurance provider as well as financial penalties. Depending on the provider of the policy, this could include additional late charges, interest, and higher rates. Additionally, a policy not in good standing may result in delays or denials of insurance claims. Furthermore, the lapse in coverage can cause limited ability to obtain new health insurance as well as having a negative affect on an individual's credit score.
Are there any limits to the cash value growth in my universal life insurance quote Ann Arbor?
The cash value growth in Ann Arbor, MI is not limited you can reap the rewards of compound interest on your money. Ann Arbor offers a number of options for cash management and investing, from banks and credit unions to brokerage firms and online trading platforms, so you can always find a product that suits your needs and capitalize on the potential of your money. It’s important to remember though that financial growth always comes with risk – know what you’re investing in and do your research before making any decisions.
In Ann Arbor, MI, beneficiaries may claim a death benefit by calling or visiting the Clerk's Office at the Ann Arbor Civic Center. The beneficiary must bring valid proof of their identity as well as a valid Social Security Number; this information may be used for the preparation of tax forms. They will then receive detailed instructions regarding the completion of the necessary paperwork and information regarding a timeline for the death benefit to be processed. During the claim process, they must attest that they are the rightful beneficiary and provide a copy of the decedent’s death certificate.
How do I take a loan against universal life insurance policies near Ann Arbor?
Taking a loan against your policy is a common practice for many in Ann Arbor, MI. Depending on the company and type of policy you have, taking out a loan against your policy can be a smart financial decision. Before making that decision, be sure to contact an insurance or financial advisor in Ann Arbor for guidance. They can help you understand the terms and conditions surrounding the loan, as well as provide advice on the best loan options for your specific situation. They can also explain the tax implications of taking out such a loan.
What is the process for surrendering my universal life insurance in Ann Arbor?
If you are looking to surrender your universal life insurance policy in Ann Arbor, MI, it is important that you first understand the process. Generally, the policyholder must contact their provider or insurer and provide adequate documentation to properly apply for the policy’s surrender. Additionally, the policyholder and insurer may be required to exchange a Surrender Request Form, or other testament of consent, which will specify the policy terms and surrender benefits. Depending on the provider, you may be required to provide additional documents to prove your identity or ownership of the policy.
Are there penalties for excessive withdrawals from my Ann Arbor universal life insurance policy?
Generally in Ann Arbor, MI, specific penalties are not imposed for excessive withdrawals. However, many financial institutions have limits on the number of withdrawals allowed for individual accounts, so it is important to familiarize yourself with the rules and requirements of your particular bank. Depending on where your account is held, additional fees may be charged for exceeding designated withdrawal limits, so be sure to review the individual policies of the bank to ensure you are not exceeding the limit. Furthermore, there may be other restrictions and could affect your account's ability to earn interest; thus, extra fees could be charged should this happen.
Is it possible to change my premium payment schedule with my Ann Arbor universal life insurance company?
Yes, it is possible to change your premium payment schedule here in Ann Arbor, MI. At our office, we provide a convenient option for customers to manage their personal insurance accounts, including adjusting payment schedules and payment methods. Customers can set up an online account and then access their account to make the requested changes. Our helpful customer service team is also available to assist with any questions you may have about changing your premium payment schedule.
Compare Ann Arbor, MI 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