Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Newburyport, MA 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 Newburyport, MA. 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 Newburyport, MA.
Frequent Questions...
Universal life insurance is a type of permanent life insurance that offers policyholders in Newburyport, MA great flexibility by allowing them to determine their own death benefit amount and premiums. It also offers policyholders the opportunity to adjust or even stop their premiums and accumulate tax-deferred savings. This makes it an ideal choice for policyholders in Newburyport, MA who might need more control over their policy as their lives change. Universal life insurance also offers access to loan and withdrawal features, making it an attractive choice for many customers in this area.
What are the main differences between universal life insurance quotes in Newburyport and whole life insurance?
Comparing universal and whole life insurance policies in Newburyport, MA, the primary distinctions are in the types of coverage and premium costs. Whole life insurance provides a set payout amount and may accumulate cash value, while universal life insurance is more flexible and can also have an investment component. Because the costs and benefits for each policy may vary, it is important to evaluate each policy based on individual circumstances. Ultimately, someone in Newburyport, MA should select the policy that best fits their financial situation and lifestyle.
How can the cash value in my universal life insurance policy Newburyport grow over time?
One way the cash value in your policy could grow over time in Newburyport, MA is by utilizing a dividend option. A dividend option is a feature found in participating life insurance policies that can provide your policy with an extra cash boost. This growth could potentially be used to buy additional protection, increase the cash value of your policy, or be cashed out as a dividend. Additionally, dividends are not guaranteed and can be dependent upon how the company is performing.
With universal life insurance near Newburyport, can I increase or decrease my premium amount after the policy starts?
Yes, you can increase or decrease your premium amount after the policy starts in the Newburyport, MA area. Premiums may be adjusted based on coverage changes, such as adding an extra driver or upgrading to a different vehicle. However, if your premiums increase, you could instead choose to lower the overall coverage level and/or the deductible amount to lower the cost. Contact your local Newburyport insurance office for more information on adjusting your premium amount.
What investment options are available for the cash value component after my universal life insurance quote Newburyport?
In Newburyport, MA, investors seeking to capitalize upon their cash value have a variety of attractive options available to them. Mutual funds, bonds, and exchange-traded funds provide a range of strategies with different levels of risk, longevity, and benefits to match individual goals. Money market accounts, online trading, and specialty funds are also available. All of these routes offer competitive returns with varying levels of associated risk. For those seeking more secure, strong returns, certificates of deposit or annuities may offer the right combination of stability and growth.
Yes, you can increase the death benefit of your life insurance policy later in the policy's life, depending on what product you have chosen. Many insurance companies in Newburyport, MA offer you the option to increase your death benefit as your life and finances change. To do this, you may be able to add on riders to your policy which allow you to increase your death benefit. Some companies even allow you to purchase additional life insurance at various times during the policy's life, making it easier to increase the death benefit when needed.
Are there any fees associated with taking a loan against universal life insurance policies near Newburyport?
Residents of Newburyport, MA may be subject to certain fees when taking out a loan, such as origination fees, closing fees, late payment fees, or pre-payment fees. It is important to inquire with your lender for exact details regarding fees associated with taking out a loan in your area. Additionally, it is important to consider these fees and other fees in relation to the loan, as they play a role in the total cost of repayment. It is recommended to thoroughly compare lenders and options to get the best loan offer for your needs.
Can I reinstate my universal life insurance in Newburyport after it lapses?
Yes, you may be able to reinstate a policy after it has lapsed in the Newburyport, MA area. It all depends on the policies of your particular insurer. If you currently reside in the area, we suggest contacting your insurance provider and asking about their guidelines for reinstatement. Depending on your individual situation, there may be certain requirements that must be met in order to reinstate the policy, such as payment of any outstanding premiums or taxes.
How do management fees affect my cash value growth with my Newburyport universal life insurance policy?
Management fees can have a notable effect on the growth of your cash value in Newburyport, MA. When you work with a financial advisor, they may charge a fee for their service. This fee is typically taken from your account and reduces your overall value. Having said that, the effects may be offset by the return on your investments and the advice from your advisors themselves. Ultimately, the management fees can be seen as a cost of ensuring your investments are properly managed and monitored.
How can I change the beneficiaries on my policy with my Newburyport universal life insurance company?
If you are a policyholder in Newburyport, MA you can easily change the beneficiaries for your policy. You can either call your insurance agency or make the changes online if the option is available to you. You will likely need to provide the name and contact information of the new beneficiary as well as provide proof of identity documents to confirm that they are legitimate. Alternatively, you can always pay a visit to your insurance agent at their local office to discuss and finalize the beneficiary changes.
Compare Newburyport, MA 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