President, Lane Independent Agency, Southern California
You ask about University Life Insurance. Are you sure that Universal is what you need? How about Whole Life or Term? An experienced agent will spend the time to talk with you and help you determine the best type of coverage for you now and in the future. You may want a combination of two or even three of these choices. Also, the dollar amount needs to be carefully calculated, based on your actual income, whether you are married, have kids and how many, their ages, whether you have a mortgage, and other factors. My point is there is not one answer for everyone. You need to meet with an experienced agent. Gary Lane, Agent, New York Life. 949 797 2424. Thanks.
President, Lane Independent Agency, Southern California
You ask about Universal Life Insurance. Are you sure that Universal is what you need? How about Whole Life or Term? An experienced agent will spend the time to talk with you and help you determine the best type of coverage for you now and in the future. You may want a combination of two or even three of these choices. Also, the dollar amount needs to be carefully calculated, based on your actual income, whether you are married, have kids and how many, their ages, whether you have a mortgage, and other factors. My point is there is not one answer for everyone. You need to meet with an experienced agent. Gary Lane, Agent, New York Life. 949 797 2424. Thanks.
To determine how much Universal Life insurance you need, it can be helpful to list the purposes for your life insurance. I.e. To pay for your children's college, to provide income during retirement, to pay for your funeral, etc.
Those things that are temporary (such as children's college) might be best met with Term life. Those that could use a boost from the stock market (such as retirement income) could do well with Indexed Universal Life. Other permanent needs (such as funeral) might do best with Whole Life, partly because there are a lot of competitively priced final expense policies that come in Whole Life.
Contacting any agent on this website would help you sort through your needs and find you the best combination of policies.
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Those things that are temporary (such as children's college) might be best met with Term life. Those that could use a boost from the stock market (such as retirement income) could do well with Indexed Universal Life. Other permanent needs (such as funeral) might do best with Whole Life, partly because there are a lot of competitively priced final expense policies that come in Whole Life.
Contacting any agent on this website would help you sort through your needs and find you the best combination of policies.