{"id":256,"date":"2024-11-04T19:40:23","date_gmt":"2024-11-04T19:40:23","guid":{"rendered":"https:\/\/lenzbalderins.com\/website_8fb27df3\/?page_id=256"},"modified":"2025-03-05T22:11:18","modified_gmt":"2025-03-05T22:11:18","slug":"universal-life-insurance","status":"publish","type":"page","link":"https:\/\/lenzbalderins.com\/website_8fb27df3\/personal-insurance\/life-insurance\/universal-life-insurance\/","title":{"rendered":"Universal Life Insurance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"256\" class=\"elementor elementor-256\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-77d0255 e-flex e-con-boxed e-con e-parent\" data-id=\"77d0255\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-f9c5e9f e-con-full e-flex e-con e-child\" data-id=\"f9c5e9f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5eb0c3a elementor-widget elementor-widget-heading\" data-id=\"5eb0c3a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">savings componen<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2969891 elementor-widget elementor-widget-heading\" data-id=\"2969891\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Universal Life Insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5470ee4 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5470ee4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9e41b4 elementor-widget elementor-widget-text-editor\" data-id=\"d9e41b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Universal life is another common type of life insurance. It combines a savings component with a lifelong death benefit; as long as you pay the required premium, it can be in place as long as you live.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5a9611a e-con-full e-flex e-con e-child\" data-id=\"5a9611a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5987bbb elementor-widget elementor-widget-image\" data-id=\"5987bbb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-content\/uploads\/2025\/02\/natalya-zaritskaya-SIOdjcYotms-unsplash-1024x683.jpg\" class=\"attachment-large size-large wp-image-1249\" alt=\"\" srcset=\"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-content\/uploads\/2025\/02\/natalya-zaritskaya-SIOdjcYotms-unsplash-1024x683.jpg 1024w, https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-content\/uploads\/2025\/02\/natalya-zaritskaya-SIOdjcYotms-unsplash-300x200.jpg 300w, https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-content\/uploads\/2025\/02\/natalya-zaritskaya-SIOdjcYotms-unsplash-768x512.jpg 768w, https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-content\/uploads\/2025\/02\/natalya-zaritskaya-SIOdjcYotms-unsplash-1536x1024.jpg 1536w, https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-content\/uploads\/2025\/02\/natalya-zaritskaya-SIOdjcYotms-unsplash-2048x1365.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c4dc923 e-flex e-con-boxed e-con e-parent\" data-id=\"c4dc923\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2bdc5cd elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"2bdc5cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">performance guarantee on the policy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcf880a elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"bcf880a\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Benefits of Universal Live Insurance:\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d59f4c8 elementor-widget-divider--view-line elementor-invisible elementor-widget elementor-widget-divider\" data-id=\"d59f4c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3586dab e-flex e-con-boxed e-con e-child\" data-id=\"3586dab\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5ed48b7 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"5ed48b7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Earned Interest- The cash value of a fixed universal life policy generally earns interest that\u2019s in line with current money market rates. The interest rate will fluctuate along with the market, which means the interest you receive may also go down, but some companies offer protection against that with a minimum performance guarantee on the policy.<\/p><p>Borrow or Withdraw Money-\u00a0A portion of each payment goes toward the death benefit, but a portion also goes to building up the policy\u2019s savings component. When\u00a0 money has accumulated, you can withdraw or borrow against the cash value of the policy for emergencies, if needed.<\/p><p>Flexibility with Payments-\u00a0You have the ability to lower or even stop paying premiums on a universal life policy, as long as the cash value of your account can cover the costs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14a5e4f elementor-invisible elementor-widget elementor-widget-button\" data-id=\"14a5e4f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/website_8fb27df3\/contact-us\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn More<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f7f6d14 e-flex e-con-boxed e-con e-parent\" data-id=\"f7f6d14\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-733f258 e-con-full e-flex elementor-invisible e-con e-child\" data-id=\"733f258\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;,&quot;animation_delay&quot;:200}\">\n\t\t<div class=\"elementor-element elementor-element-1d658f3 e-con-full e-flex e-con e-child\" data-id=\"1d658f3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-021a2ad elementor-widget elementor-widget-heading\" data-id=\"021a2ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">universal life insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-687d34e elementor-widget elementor-widget-heading\" data-id=\"687d34e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Common Types of Universal Life Insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b43163b elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b43163b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-70e7955 elementor-widget elementor-widget-text-editor\" data-id=\"70e7955\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Fixed Premium Universal Life- Fixed premium universal life insurance offers protection, however policy provisions cannot be changed after the policy has been issued.<\/li><li>Flexible Universal Life Insurance- The major advantage of universal life \u00a0is flexibility: you can change the protection level of the policy (within bounds) and you control the amount of frequency of payments (again, within bounds).<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d8ad663 elementor-invisible elementor-widget elementor-widget-button\" data-id=\"d8ad663\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInLeft&quot;,&quot;_animation_delay&quot;:300}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/website_8fb27df3\/contact-us\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get a FREE quote!<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cea89a elementor-widget elementor-widget-spacer\" data-id=\"7cea89a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7af01bb e-con-full e-flex e-con e-child\" data-id=\"7af01bb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-a0815b4 e-con-full e-flex elementor-invisible e-con e-child\" data-id=\"a0815b4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInRight&quot;,&quot;animation_delay&quot;:250}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ae72d2e elementor-widget elementor-widget-spacer\" data-id=\"ae72d2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>savings componen Universal Life Insurance Universal life is another common type of life insurance. It combines a savings component with a lifelong death benefit; as long as you pay the required premium, it can be in place as long as you live. performance guarantee on the policy Benefits of Universal Live Insurance: Earned Interest- The [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":214,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","footnotes":""},"class_list":["post-256","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/pages\/256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/comments?post=256"}],"version-history":[{"count":16,"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/pages\/256\/revisions"}],"predecessor-version":[{"id":1482,"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/pages\/256\/revisions\/1482"}],"up":[{"embeddable":true,"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/pages\/214"}],"wp:attachment":[{"href":"https:\/\/lenzbalderins.com\/website_8fb27df3\/wp-json\/wp\/v2\/media?parent=256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}