Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Lakewood Park, FL 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 Lakewood Park, FL. 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 Lakewood Park, FL.
Frequent Questions...
Universal life insurance in Lakewood Park, FL may be the right choice for those seeking comprehensive, long-term coverage and a certain amount of financial flexibility. As a permanent insurance policy, it can last the insured's lifetime, providing lifelong protection and a stream of tax-deferred cash that can help meet financial goals. Additionally, the policy can be adapted as a person's needs change over time, with optional riders and available features that can be customized to cover an array of personal needs.
What are the potential risks associated with universal life insurance quotes in Lakewood Park?
Universal life insurance is a great option in Lakewood Park, FL for providing long-term coverage, but there are a few potential risks associated with it. One risk is that universal life policies typically have higher premium payments than other types of insurance. In addition, the cash value of the policy can fluctuate based on the performance of the investments associated with it. Another risk is that there is usually no fixed maturity date for these policies so there is no guarantee that they'll be there for you when you need them.
What features make a universal life insurance policy Lakewood Park unique compared to other life insurance products?
Universal life insurance offers flexible coverage options that make it unique and of great value to Lakewood Park, FL residents. This type of life insurance allows policyholders to adjust premiums and death-benefit amounts to suit their budget, and also provides a cash account for tax-deferred growth. Additionally, in instances where the cash value of the policy exceeds the death benefit, policyholders can use the value to pay for premiums, creating an unlimited death benefit. Additionally, the policyholder has peace of mind knowing that their policy won't expire and is not subject to annual increases like other life insurance policies.
What are the consequences of late premium payments and universal life insurance near Lakewood Park?
If you live in Lakewood Park, FL and are late with your premium payments, your insurance company may suspend or cancel your policy which would mean that you could be unprotected until you are able to locate and purchase a new plan. They may also add late fees which you will be responsible for. Further, not having current insurance or notifying the company on time may be considered a violation of the terms of your policy, meaning that the company may deny any future claims for damages that occur after the date of nonpayment.
Are there any limits to the cash value growth in my universal life insurance quote Lakewood Park?
At Lakewood Park, FL, there are no limits to cash value growth. As an independent municipality, the city strives to provide secure investments to its citizens. Embodying the spirit of free enterprise, LakewoodPark is committed to providing a variety of investment opportunities that allow individuals to realize their financial goals securely and rapidly. Through rigorous monitoring of the cash markets,LakewoodPark makes sure that the benefits tallied from cash value growth are able to be capitalized upon by those invested within the city.
Generally the death benefit of a life insurance policy, like those offered by many providers in Lakewood Park, FL, is an amount of money that those listed on the policy will be paid after the policyholder passes away. The amount of the death benefit may vary depending on the type of policy, but it can be determined by factors such as the policyholder's age, the amount of money deposited in the policy, any riders added, and other details of the policy.
Can I repay a loan with the cash value from universal life insurance policies near Lakewood Park?
If you're looking for a loan repayment option in Lakewood Park, FL, the cash value from your policy may be an option. However, it's important to consider the tax implications associated with this choice and it may not be the best option for everyone. It's always best to speak with a qualified loan officer in your area, they can offer advice and guidance regarding your unique situation.
How is the surrender value calculated with my universal life insurance in Lakewood Park?
The surrender value of a policy in Lakewood Park, FL is based on the policy's cash value, minus any outstanding loans and fees, as well as any applicable penalties for early termination. The policy will first need to be audited to determine the amount due which takes into account the sum invested, plus any dividends or increase in the cash value due to earned interest, minus any loan interest. This figure is then used to determine the surrender value, meaning if you decide to surrender the policy you will be paid that amount in full.
How often will I be charged fees for my Lakewood Park universal life insurance policy?
At Lakewood Park, FL, fees are charged according to the services you utilize. Depending upon your needs and preferences, you may be charged either weekly, monthly, or annually. We also offer an annual flat-rate package to cover your fees for an entire year. If you'd like to learn more about our pricing structure, please visit our website or contact our customer service team at (123) 456-7890.
Can I add or remove riders after the policy has started with my Lakewood Park universal life insurance company?
It is possible to add or remove riders to a policy after it has started at Lakewood Park, FL. The process will differ depending on the type of policy you have and the insurer you are dealing with. Generally, you will need to discuss your desired changes with your insurer to ensure that they will be accommodated. Your insurer can let you know what documentation is required and whether there will be any additional fees associated with the changes made.
Compare Lakewood Park, FL 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