Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 North Plainfield, NJ 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 North Plainfield, NJ. 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 North Plainfield, NJ.
Frequent Questions...
Universal life insurance in North Plainfield, NJ provides greater flexibility and control than other types of insurance policies. With a universal life policy, policyholders have the flexibility to "buy up" to more coverage at any time, adjust their monthly payments and change their beneficiaries with relative ease. Universal life insurance also offers tax-advantaged growth opportunities and the ability to customize the policy to match the policyholders' needs, allowing the benefits to follow an individual as life circumstances change. Additionally, universal life also provides the broadest death benefits, making it a high financial protection option for families and businesses.
For whom are universal life insurance quotes in North Plainfield most suitable?
Universal life insurance is most suitable for North Plainfield, NJ residents who need an affordable financial protection plan for the long-term. This type of policy offers flexible premiums, various death benefit options, and cash value component ideal for those looking to invest for the future and provide financial security for their loved ones. It’s a great option for families who are looking for greater control and customization of their policy. Additionally, unlike some other life insurance policies, universal life insurance may provide cash dividends or interest at different rates depending on the market.
Does the flexibility of a universal life insurance policy North Plainfield benefit policyholders?
Universal Life Insurance offers the policyholder in North Plainfield, NJ the ultimate flexibility. Premium payments can be adjusted to fit the policyholder's current financial situation, and the cash value of the policy can be used as a financial resource in times of need. Furthermore, the policyholder has the option of increasing or decreasing the death benefit of their policy whenever they so choose. This encourages individuals to use the death benefit as an estate planning tool and provides them with the freedom to base their decisions according to their needs.
How is a premium calculated for universal life insurance near North Plainfield?
The calculation of your Universal Life Insurance premium in North Plainfield, NJ is based on a variety of factors, such as age, gender, health history, and death benefit amount. Other influencing factors, such as smoker status and occupation, will also factor in to the calculation. Premiums in North Plainfield can vary greatly depending on the risk associated with your profile. However, the insurance provider will be able to provide you with an accurate quote for your specific profile.
Are there any limits to the cash value growth in my universal life insurance quote North Plainfield?
Cash value growth in North Plainfield, NJ is largely determined by the way you allocate your contributions, future contributions, and the performance of particular investment options. Generally, the cash value growth limits depend on the amount of money you have contributed and the investment options you have chosen. Furthermore, local tax laws and regulations may also affect the amount of cash value growth allowed in North Plainfield. However, regardless of where you are located, it's important to remember that there are no guarantees when it comes to cash value growth.
For beneficiaries in North Plainfield, NJ to claim the death benefit, they must first ensure they are listed in the deceased’s will as a beneficiary. After that, beneficiaries must contact the New Jersey auditors office to file a claim for the death benefit. The auditors office will review the will and the deceased’s assets, and will then provide the proper forms to be filled out to gain access to the benefit. Once these forms are completed, submitted, and approved, the auditors office will release the benefit to the beneficiaries.
Can I repay a loan with the cash value from universal life insurance policies near North Plainfield?
Yes, borrowers in North Plainfield, NJ can potentially use the cash value from their policy to repay a loan. However, it's important to consider the potential drawbacks associated with such decisions, such as risking the loss of a policy's death benefit and cash surrender value in the event of an emergency. If you have a policy in North Plainfield, NJ, we recommend talking to a certified financial advisor to weigh the pros and cons of this option and determine if it's the best choice for your situation.
How long do I have to reinstate a lapsed universal life insurance in North Plainfield?
In North Plainfield, NJ, policy reinstatement deadlines vary depending on the specific policy. Typically, you are given around 30 days to reinstate a lapsed policy without any financial penalties. If you fail to do so in that time period, there are typically fees associated with being late with the reinstatement. It is important to contact your insurance provider as soon as possible if you think your policy has lapsed, to determine the best course of action and to verify the timeline for reinstatement.
How do management fees affect my cash value growth with my North Plainfield universal life insurance policy?
Management fees have a direct effect on the growth of your cash value in North Plainfield, NJ. These fees are paid to professional investors and financial advisors for guidance and knowledge in running the investment. In general, the more management fees paid, the less growth you will see. However, those fees provide the customer with important guidance and advice that they may not have otherwise. Even though paying more management fees cuts into your cash value growth, the insight and expertise they provide can often make up for it.
Can I add or remove riders after the policy has started with my North Plainfield universal life insurance company?
In North Plainfield, NJ, it is possible to add or remove riders after the policy has started, however, there may be an additional cost associated with making any changes to the policy. Riders are an integral part of the policy and therefore it is necessary to make sure that they are updated in order to remain compliant with the terms and conditions of the policy. We advise our clients to contact our office to discuss any changes in order to ensure the accuracy and validity of the policy and to minimize any associated costs.
Compare North Plainfield, NJ 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