Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Pendleton, OR 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 Pendleton, OR. 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 Pendleton, OR.
Frequent Questions...
Universal life insurance in Pendleton, OR can last as long as you live, as long as you keep the premiums current. This differs from other types of life insurance such as term life insurance, which is only available for a certain length of time, generally less than 30 years. Universal life insurance provides a death benefit and can accumulate a cash value while you are still living. The cash value is based on the premiums you pay, the underlying performance of the investment, and the insurance company's expenses.
What are the potential risks associated with universal life insurance quotes in Pendleton?
As with any form of life insurance, universal life insurance carries potential risks with it. In Pendleton, OR, one potential risk is what is known as the “living too long” risk. If a policyholder lives longer than their life expectancy, they could outlive the savings built within the policy and no longer provide coverage in the event of death. Another potential risk is the illiquidity risk if the policyholder needs the money before the policy matures, they can’t access their funds easily or suffering high expenses from cashing out the policy.
What features make a universal life insurance policy Pendleton unique compared to other life insurance products?
Universal life insurance offers most Pendleton, OR customers the unique ability to adjust their coverage levels, premiums, and cash accumulation based on their financial circumstances. Universal life insurance policies are flexible and can be tailored to meet customers' specific needs, while providing a comprehensive death benefit that passes on to their beneficiaries. Unlike traditional forms of life insurance, most universal life policies are also designed to accumulate cash value over time which can often be taken out as a loan or used to pay the premiums.
What are the consequences of late premium payments and universal life insurance near Pendleton?
If you are a policy holder in Pendleton, OR and you make a late premium payment, you face potential penalties, such as a financial penalty, cancelation of policy, and/or other fines. The accrued fines may include increased premiums, increased lapsed period, special processing fees, and uninsured period fees, which vary from insurance company to insurance company. In some cases, the policy may even be canceled due to prolonged nonpayment. When faced with the consequences of late premium payments, be sure to communicate with your insurance carrier to find a solution that works for you.
Is there a guaranteed minimum interest rate for the cash value of my universal life insurance quote Pendleton?
In Pendleton, OR, there is not a guaranteed minimum rate of interest for the cash value of a life insurance policy. Depending on the type of policy, the funds within the policy can be subject to market fluctuations. It is important to communicate with your local insurance agency to understand the expectations and terms associated with the cash value of a life insurance policy in Pendleton, OR. Additionally, consulting with a financial advisor can help you understand the differences between payment terms and cash values so that you can make an informed decision.
In Pendleton, OR, death benefits are generally not taxable under the federal income tax, but you should always verify your estate's eligibility, as Oregon does have some state and specific city taxes. It's important to review your local state or city tax regulations to determine the tax implications of your particular death benefit amount, as the laws can vary from region to region. Additionally, you should consult an estate planning professional to confirm the tax treatment of death benefits in Pendleton, OR.
How does a withdrawal affect my death benefit and universal life insurance policies near Pendleton?
Taking a withdrawal from your policy can affect the death benefit available when you pass away in Pendleton, OR. If you take a withdrawal from your policy, your death benefit will be lower in the future. This is because the withdrawal reduces the policy's face value, which is the amount of money that is paid when the policyholder dies. This could mean that the loved ones you leave behind receive less money upon your death. To help avoid reducing your death benefit, it's important to make sure your withdrawal won't negatively impact your ability to pay premiums.
How long do I have to reinstate a lapsed universal life insurance in Pendleton?
In Pendleton, OR, it depends on the specifics of your lapsed policy. Generally, you will have the relevant time frame outlined in your policy documents along with details regarding the steps necessary to successfully reinstate it. If you're unsure of the specifics of your policy or reinstatment timeframe, contact your local Pendleton insurance broker or agent for details specific to your policy. Alternatively, you can contact your insurer directly for more information.
Are there penalties for excessive withdrawals from my Pendleton universal life insurance policy?
Yes, there may be penalties for excessive withdrawals in Pendleton, OR. Financial institutions typically provide details outlining their deposit and withdrawal policies which could include fee charges for excessive withdrawals. These fees can vary from institution to institution, so checking with your local bank or credit union can help determine if there are any charges incurred and what regulations need to be followed. It's also important to be mindful of federal regulations, like Regulation D, which has limitations on the number of certain types of withdrawals from all savings accounts in order to protect savers and ensure the safety and soundness of the institution.
How can I adjust the terms of my policy through my Pendleton universal life insurance company?
If you are a policyholder in Pendleton, OR and would like to adjust the terms of your policy after it has been issued, you can contact your insurance company directly. Many companies in the area offer phone, email, and live chat support in addition to physical locations. Depending on the type of policy, the insurance company may be able to adjust the necessary details for you, or may require you to fill out the necessary forms or take other actions. In some cases, a fee may be associated with such policy changes.
Compare Pendleton, OR 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