Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Merriam, KS 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 Merriam, KS. 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 Merriam, KS.
Frequent Questions...
Universal life insurance is an affordable and flexible way to provide additional security for you and your family in Merriam, KS. It offers coverage for a longer period of time, often spanning the insured's entire life rather than a specified amount of years. This unique type of coverage can provide a variety of benefits, such as tax advantages, a cash value accumulated over time, and flexible premium options. In addition, because the premiums are adjustable, you can choose the amount and when payments are made allowing you to take advantage of changes in your financial circumstances and needs.
How do universal life insurance quotes in Merriam compare with term life insurance?
Universal life insurance is a more comprehensive coverage than term life insurance, as it offers lifelong coverage with more flexibility, and is typically more expensive. The main difference between universal and term life insurance is that with universal, your policy also accumulates cash value, which you can borrow against or even cash in if needed. Universal life insurance can be a great option for families in Merriam who may need lifelong coverage that is more flexible than that offered by term life insurance. It can also help with estate planning and creating a legacy for those that remain after your passing.
Does the flexibility of a universal life insurance policy Merriam benefit policyholders?
Universal life insurance policies offer policyholders in Merriam, KS the flexibility to adjust their death benefits, premiums, and even the length of their policy. This means they can increase or decrease coverage as their life changes, and they can tailor premiums to fit their budget. Policyholders in Merriam, KS also enjoy the added bonus of tax-deferred savings and growth, meaning they can save for the future without being taxed immediately on the growth of their investments.
Can I alter the frequency of my premium payments with universal life insurance near Merriam?
Yes, you may be able to alter the frequency of your premium payments in Merriam, KS. Depending on the type of insurance, policyholders may have the option of paying their premiums on a monthly or quarterly basis. Contact your insurance provider to learn more about the frequency of payments available for your specific policy. Be sure to read your policy thoroughly to understand your payment schedule and the potential fees associated with making changes to your billing frequency.
Are there any limits to the cash value growth in my universal life insurance quote Merriam?
Depending on the individual circumstances in Merriam, KS, there is no fixed limit on the cash value growth on an individual's savings or investments. However, the amount growth does depend on the clientβs financial situation and goals. The available cash value can be maximized through long-term financial planning, continued contributions, and market performance, though ultimately there are risks associated with investing. As a result, the amount of growth is impacted by the size of the investments, the kinds of investments utilized, the historical performance of markets, and additional factors.
Death benefits in Merriam, KS are usually not taxed. However, there are certain situations when taxes may be charged, including when the death benefit is over a certain amount of money. It's important to note that taxes are not generally applied to benefits that are paid directly to a surviving spouse or other family member. It's advisable to consult with a personal financial advisor or accountant to discuss any details related to taxes on death benefits.
What is the maximum amount I can borrow from universal life insurance policies near Merriam?
The maximum amount you are able to borrow from a policy in Merriam, KS, will depend on the value of your policy. Generally speaking, most policies will permit you to borrow a maximum amount of about 85% of the market value (or cash value) of the policy. Depending on your situation, certain policies may have other guidelines that specifiy the maximum amount that can be borrowed. It is important to note that every policy is different and the specific terms and conditions that apply to your policy must be taken into account.
How is the surrender value calculated with my universal life insurance in Merriam?
In Merriam, KS, the surrender value on an insurance policy is determined by the amount of premium that has been paid into the policy, the amount of dividends paid out by the insurer, the duration of the policy, and the current value of the life insurance contract. All of this information is factored together to determine the surrender value β the amount that the policyholder will receive when they decide to surrender the policy. The insurance company is also able to offer guidance on the surrender value of the policy when entering into a policy sale or transfer.
Are there penalties for excessive withdrawals from my Merriam universal life insurance policy?
Yes, depending on the type of account and the financial institution, excessive withdrawals from a bank account in Merriam, KS may incur a penalty. Non-transaction account holders who exceed a certain number of withdrawals per month may be subject to a fee depending on the details of their account agreement. For instance, a customer may incur a fee if they exceed six withdrawals in a single month from a savings account. It's important to read the account agreement carefully to understand what is and is not permitted when it comes to account activity.
How can I adjust the terms of my policy through my Merriam universal life insurance company?
In Merriam, KS, after your policy has been issued, you may be able to adjust the terms by speaking to a representative from your insurance company. Depending on the situation, they may be able to make an amendment or endorse the policy to provide the changes needed. To explore this option, contact your insurer, explain what terms you'd like to adjust, and they will let you know the best course of action. It is important to bear in mind, however, that with each policy amendment comes an associated cost. Make sure you discuss this with the representative before making any decisions.
Compare Merriam, KS 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