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For those that have life insurance.

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MsSissy
xoxoxo

Member since 3/07

39159 total posts

Name:

For those that have life insurance.

Can you give me an idea of what you pay for universal life and how much your policy is? Right now I have $250K term and pay about $30/mth. I have 9 yrs left on the policy. But I want to switch it over and just got a quote on it. Wanted to compare to what others pay. Thanks!

Posted 7/14/15 2:42 PM
 
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Smileyd17
kids

Member since 5/05

20997 total posts

Name:
Mommy

Re: For those that have life insurance.

Posted by MsSissy

Can you give me an idea of what you pay for universal life and how much your policy is? Right now I have $250K term and pay about $30/mth. I have 9 yrs left on the policy. But I want to switch it over and just got a quote on it. Wanted to compare to what others pay. Thanks!



A UL can vary...depending on death benefit and how you fund it.
Its def a great policy and even gains interest based on cash value, higher than most banks are offering.
And the living benefit of borrowing against if needed.
Def will be a lot more than $30/month and based on age..of course.
A comparison will never work since most either start earlier or later...so really its hard to tell.

FM me if you want.

Message edited 7/14/2015 2:46:43 PM.

Posted 7/14/15 2:45 PM
 

MsSissy
xoxoxo

Member since 3/07

39159 total posts

Name:

Re: For those that have life insurance.

Posted by Smileyd17

Posted by MsSissy

Can you give me an idea of what you pay for universal life and how much your policy is? Right now I have $250K term and pay about $30/mth. I have 9 yrs left on the policy. But I want to switch it over and just got a quote on it. Wanted to compare to what others pay. Thanks!



A comparison will never work since most either start earlier or later...so really its hard to tell.

FM me if you want.



True! Didn't even think of that.
Thank You.

Posted 7/14/15 3:03 PM
 
 

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