Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Tallahassee, FL 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 Tallahassee, FL. 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 Tallahassee, FL.
Frequent Questions...
Universal life insurance is a financial tool specifically designed to help families protect their future in Tallahassee, FL. It is a flexible insurance policy that provides coverage but can also accumulate cash value on a tax-deferred basis. The policy owner is in control of how much interest the accumulation earns and how much of that interest is used to pay the policy's premiums. With universal life insurance, policy holders in Tallahassee are able to potentially create a financial buffer for their families that can be used to protect fixed expenses such as mortgage payments, college fund contributions, and more.
For whom are universal life insurance quotes in Tallahassee most suitable?
Universal life insurance is most suitable for individuals and families based in Tallahassee, FL who are seeking a coverage option that can provide lasting protection and the potential to build cash value over time. It offers lifelong coverage and flexible payment options, allowing policyholders to adjust the amount of premium payments, as well as the death benefit amount, throughout the course of their policy coverage. The policy also comes with an investment component, enabling people to achieve financial security in retirement, as the cash value often builds over time and can be used as an income supplement in retirement.
Are there any riders or additional benefits I can add to my universal life insurance policy Tallahassee?
Yes! Tallahassee, FL offers many riders and additional benefits for a policy. Depending on the insurance carrier, there can usually be extra coverage riders such as an Accidental Death and Dismemberment Rider, Intensive Care Rider, Return of Premium Rider, or a Waiver of Premium Rider. Riders can also be added to cover a variety of items such as Identity Theft, Pet Injury, Natural Disaster, and more. Another way to improve a policy is through additional benefits such as Buydown, Tax Shield, Multi-Policy, and Claim Free Years.
With universal life insurance near Tallahassee, are there any penalties for not paying premiums?
In Tallahassee, FL, there can be serious penalties if you fail to pay your premiums. Depending on the type of policy, the consequences of not paying your premiums can be quite severe, and may include cancellation of the policy, legal action, or financial responsibility for unpaid premiums. You should always review the terms and conditions of your policy prior to signing, in order to ensure that you understand the requirements for premium payments. Additionally, most insurance companies in Tallahassee, FL offer various payment options and flexible plans to help ease the burden of keeping up with the payments.
Is there a guaranteed minimum interest rate for the cash value of my universal life insurance quote Tallahassee?
Even though there is not a guaranteed minimum interest rate for the cash value here in Tallahassee, FL, most financial institutions offer competitive rates. It is wise to research a variety of banks and/or credit unions to find the best rate for you. Financial advisors can also provide invaluable insight and guidance as you seek to maximize the return on any cash value investments.
In Tallahassee, FL, the answer to the question "Are death benefits taxable?" is yes. Death benefits typically fall under state and federal income tax laws, making them taxable. However, there is an exception for death benefits that are paid out as a result of an annuity contract or from an accident-only policy. In these cases, they are usually exempt from taxation. Moreover, similar to the federal rules, it is important to note that Florida also offers certain exceptions to their inheritance tax laws, which may provide additional protections to the beneficiaries of an estate.
Can I repay a loan with the cash value from universal life insurance policies near Tallahassee?
In Tallahassee, FL, it may be possible to repay a loan with the cash value from your policy, however it ultimately depends on the loan company and the type of insurance policy you have. Typically, insurance policies do not come with provisions that allow them to be used to repay a loan, so you should consult the loan company to discuss your options. It can also be beneficial to speak with a licensed tax advisor or financial planner to determine if using the cash value from your policy to repay a loan is a wise decision in terms of your overall financial goals.
Can I reinstate my universal life insurance in Tallahassee after it lapses?
Yes, in most cases, it is possible to reinstate a policy that has lapsed in Tallahassee, FL. Depending on the specific policy and the circumstances, reinstatement may be possible without any penalty or additional cost. However, this is not always guaranteed. It is important to consult with the company that issued the policy to discuss specifically what options are available at the time of reinstatement. Furthermore, even if a policy can be reinstated, there may be other conditions or criteria that must be satisfied in order to obtain coverage.
With the average Tallahassee universal life insurance policy, are there any transaction fees?
Yes, there may be transaction fees when changing oneโs investment options in Tallahassee, FL. Every firm has its own cost structure associated with these kind of changes, so itโs important to check with your firm first. Moreover, itโs possible that you could be charged an annual or closing fee, among other potential charges. That said, you will generally only be charged a fee if you decide to switch or otherwise alter your investment strategy.
Is it possible to change my premium payment schedule with my Tallahassee universal life insurance company?
Yes, it is possible to change your premium payment schedule in Tallahassee, FL. All you need to do is reach out to your insurance provider and they will be glad to assist you with altering the timing and frequency of payments. Depending on the provider, you may be able to change the payment schedule online, or you may need to make a phone call for assistance. It is important to remember that depending on the specifics of your policy, changes to your payment schedule may affect your overall payment amount.
Compare Tallahassee, FL 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