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 Newport, RI 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 Newport, RI. 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 Newport, RI.
Frequent Questions...
In Newport, Rhode Island, universal life insurance policies have the potential to last your entire life, with coverage that can vary depending on the type of policy you choose. Universal life policies are designed to last through your lifetime, provided your premiums are paid on time and in full. Additionally, your policy can provide specific, long-term benefits to your dependents in the case of death, depending on the amount of coverage you choose and the type of policy. Universal life policies also offer the potential to build up cash value over time in some cases.
For whom are universal life insurance quotes in Newport most suitable?
Universal Life insurance, which is a type of permanent insurance, is most likely an appropriate fit for those in Newport, RI who need more flexible, long-term financial protection and want to accumulate cash value on a tax-deferred basis. Universal Life can offer life insurance protection with the ability to adjust premium amounts and death benefits to accommodate for changing financial needs during the policy term. It can also be tailored to fit the requirements of the policyholder's life insurance plan and provide ongoing financial protection against unexpected circumstances that could impact a household's ability to cover everyday expenses.
How can the cash value in my universal life insurance policy Newport grow over time?
Investing the cash value of your policy in a Newport, RI financial institution may be one way to help your money grow. Working with a qualified financial advisor to determine the level of risk based on your objectives can help you create a portfolio tailored to your needs. Insurance companies that offer policies in Newport, RI may also provide annuities for cash value growth. Depending on the available options, annuities can provide fixed or variable returns over time, depending on the funds you choose.
With universal life insurance near Newport, 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, depending on the terms of your policy. In Newport, RI, your policy provider will likely be able to explain the potential changes that can be made to the amount. Generally, the policy provider can adjust the premium amount to reflect any difficult situations or changes that arise, such as if an insured person must file a claim in the policy period or if the locality experiences any major events that impact the costs of coverage. It is best to contact your provider directly to discuss your options and verify the most up-to-date information.
Is there a guaranteed minimum interest rate for the cash value of my universal life insurance quote Newport?
In Newport, RI, no guaranteed minimum interest rate is offered for the cash value. However, there are many independent institutions that offer competitive money market and interest-earning accounts that can provide higher returns with lower risk compared to its cash value counterparts. As always, it's important to do your research to find the right option for your individual needs.
Beneficiaries in Newport, RI looking to claim a death benefit should contact the relevant insurer or the administrator of the deceased's estate. The claim filing process typically requires providing proof of death, such as a death certificate, along with a completed application for benefits. Beneficiaries should also provide documents verifying their identity, such as a driver's license or a passport, and proof of their relationship to the deceased. It is important to make sure all information is accurate and up-to-date to ensure a seamless claims process.
Are there any fees associated with taking a loan against universal life insurance policies near Newport?
Yes, there are fees associated with taking a loan in Newport, RI. Depending on the type of loan you take out, you may be responsible for service charges, loan origination fees, or other fees that may be specific to the lender. You should always read over your loan agreement carefully before signing it to make sure you know and understand all of the fees associated with your loan so that you are prepared to make all the necessary payments.
How long do I have to reinstate a lapsed universal life insurance in Newport?
In Newport, RI, policyholders have 30 calendar days to reinstate a lapsed policy. The deadline to reinstate the lapsed policy starts the day after the policy is no longer in effect and must be completed no later than 30 days after the original lapsed date. If reinstatement occurs within the 30 days, no gap in coverage will be present. After the 30-day period elapses, it may be difficult to reinstate the policy. If a policyholder misses this deadline, they may be required to apply for a new policy.
What types of fees are associated with my Newport universal life insurance policy?
In Newport, RI, the fees associated with a universal life insurance policy vary depending on the policy and the provider. Generally, such a policy could involve administrative fees, rider fees, policy or premium taxes, mortality and risk expenses, and policy fees. It is important to understand the terms of the policy and to review all fees associated with coverage before attaining a universal life insurance policy in Newport, RI. Ultimately, the fees associated with universal life insurance policies in Newport, RI should be tailored to the specific needs of the policyholder.
How can I adjust the terms of my policy through my Newport universal life insurance company?
Depending on the specific policy, you may be able to adjust the terms of your policy after it has been issued by contacting a local Newport, RI insurance provider. Many insurance providers allow you to make changes to existing policies, including modifications to coverage or deductibles, as long as you don't violate any of the terms of the policy. However, keep in mind that any changes to the policy may result in additional premiums or fees, so it's important to consider if any modifications or adjustments are really necessary before making changes.
Compare Newport, RI 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
