Compare over 37 Universal Life Insurance policies in as little as 15 minutes.
With PolicyHub you get to compare over 37 Tarboro, NC 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 Tarboro, NC. 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 Tarboro, NC.
Frequent Questions...
Universal life insurance offers permanent protection to Tarboro, NC residents through a policy that can be tailored toward their own individual needs and budget. This type of insurance offers flexible premiums, benefits and is designed to provide protection throughout the policyholder's lifetime. Policyholders can easily adjust their coverage levels and premiums by using the funds from their accumulated cash value when life circumstances change. Exceptional features of universal life insurance include guaranteed annual renewals, tax-deferred cash values, potential dividend accumulation, and policy loan availability.
How do universal life insurance quotes in Tarboro compare with term life insurance?
Universal life and term life insurance are both suitable protectional measures to consider in Tarboro, NC; however, they differ in key ways. Universal life provides permanent coverage and even offers the option of cash value accumulation, while term life is a short-term solution with no cash value. Additionally, term life insurance has lower premiums than universal life insurance and there is no cash surrender value upon canceling the policy. However, it should be noted that universal life premiums are more flexible than with term life, allowing you to adjust them according to your current obligations.
What features make a universal life insurance policy Tarboro unique compared to other life insurance products?
Universal life insurance is unique in Tarboro, NC because of its flexibility. It provides permanent life insurance protection, but also allows policyholders to adjust their coverage, premium payments, or death benefit when needed. UL also carries a cash value that grows with every premium payment, giving policyholders access to money while still maintaining their life insurance benefits. UL is often an attractive option for people because of its liquidity, cost-effective premiums, and the ability to customize a policy. Ultimately, this type of policy is tailored to meet the needs of the insured in Tarboro, NC.
With universal life insurance near Tarboro, are there any penalties for not paying premiums?
If you are a resident of Tarboro, North Carolina, and you fail to pay the premiums associated with an insurance policy, you may face penalties. Depending on the insurance provider and policy, these may include late fees, suspension of coverage, or even policy cancellation. Some penalty structures may also involve a reinstatement fee if you wish to renew the policy. It's best to check with your insurance provider to find out what specific penalties you may be subject to.
How often is interest credited to the cash value in my universal life insurance quote Tarboro?
Interest credited to the cash value in Tarboro, NC will vary, as financial institutions may have different policies. It is important to check with your local financial institution to understand how often interest is paid on the cash value, as it may involve an annual, semi-annual, quarterly or monthly payment schedule. Additionally, organizations that contribute to the cash value may also determine the frequency of credited interest. It is important to understand the interest rate, rate guarantees and the payment schedule to ensure that your cash value is protected and growing at the optimal rate.
Absolutely having multiple beneficiaries for your policy can be a great way to ensure all of your loved ones in Tarboro, NC are provided for in the event of your passing. Working with a qualified insurance professional in Tarboro, NC will help you ensure that the details of your policy accurately reflect your wishes. Keep in mind that you can add, change, or delete multiple beneficiaries at any time, and that you should stay up to date with tax laws that may affect them.
How do I take a loan against universal life insurance policies near Tarboro?
In Tarboro, NC, if you are looking to take a loan against your policy you could consider speaking with a financial adviser in your area. A weakly speaking with a qualified professional can help you to understand the principal and interest associated with a loan from your policy and determine whether it is the right decision for you. Additionally, talking to a representative from the insurance company that holds your policy can be extremely beneficial in understanding the parameters associated with a loan and the steps necessary to take one out.
Are there any penalties for surrendering the universal life insurance in Tarboro early?
Yes, if you surrender your insurance policy in Tarboro, NC, before the end of the term, there are certain penalties you may face. Depending on the policy, you may be subject to early termination fees, income tax penalties and interest charges. Itβs important to familiarize yourself with the details of your policy so you can understand the potential cost of surrendering early. Additionally, you should talk to your insurance representative or a financial adviser to make sure youβre making the best decision for your situation.
What types of fees are associated with my Tarboro universal life insurance policy?
In Tarboro, NC, universal life insurance policies generally come with standard fees such as an annual policy fee, insurance charges, administrative fees, and a fund expense charge. Additionally, there may be varying fees associated with each policy by term, life insurance company, and also may be dependent on the amount of coverage or cash value. For example, an annual policy fee may increase depending on the selected term length and policy price. As with all life insurance policies, it is important to understand all of the associated fees and costs.
Is it possible to merge or split a universal life insurance policy with the average Tarboro universal life insurance company?
Yes, it is possible to merge or split a universal life insurance policy in Tarboro, NC. Depending on your individual situation, your insurance agent may be able to provide you with options for merging two policies into one or splitting one policy into two. Generally, a policyholder must notify their insurance agent of the desire to merge or split a policy and provide the necessary documentation that could be required to make the change. The insurance company then reviews the necessary paperwork and provides a response detailing the accepted changes.
Compare Tarboro, NC 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