You may have recently come across a relatively new product called  Term UL.  Term UL is a creation by insurance companies in response to higher reserve requirements on term insurance policies and pressure to keep term insurance rates low to compete with other life insurance companies.  Several well known term insurance companies have introduced or are planning on introducing so called Term UL products.  Genworth Life Insurance Company has a product called Colony Term UL.  West Coast Life has a Term UL product called the Secure-T.  Transamerica also has a term ul product called TransTerm UL 

While these products are universal life products they look and smell like term products.  Just like term insurance, these products have guaranteed level term periods, which last for a specific period of time (10, 15, 20 and 30).  During this level term period your premiums are guaranteed to remain level.  Just like term insurance the death benefit is also guaranteed to remain level.

Because these are universal life policies, there are some advantages over term policies.  Some of the advantages are:

• You can adjust your premium or length of coverage up or down if your needs change.
• You will know up front what it will cost you to extend your coverage in the future without any proof of insurability.  Most term policies allow you to convert to a permanent policy without evidence of insurability, but the cost is not known until the time of conversion.
• You can pay with a single premium or a specified period of years.
• You will typically have a longer grace period before the policy lapses due to non-payment.

30 Year TERM UL LIFE INSURANCE POLICY RATES FOR ANY AGE or AMOUNT HERE – Just enter your date of birth, state, gender, health rating, smoking status and coverage amount and you will get instant online term life insurance policy rates.  Your name, phone number and email address are optional.

Super preferred non-smoker 30 year term ul life insurance policy rates by age:

30 year $500k Term UL Life Insurance policy rates for a 35 year old male super preferred non-smoker = $40.08 per month.

30 year $500k Term UL Life Insurance policy rates for a 35 year old female super preferred non-smoker = $34.32 per month.

30 year $500k Term UL Life Insurance policy rates for a 40 year old male super preferred non-smoker = $55.88 per month.

30 year $500k Term UL Life Insurance policy rates for a 40 year old female super preferred non-smoker = $44.94 per month.

30 year $500k Term UL Life Insurance policy rates for a 45 year old male super preferred non-smoker = $89.76 per month.

30 year $500k Term UL Life Insurance policy rates for a 45 year old female super preferred non-smoker = $68.35 per month.

30 year $500k Term UL Life Insurance policy rates for a 50 year old male super preferred non-smoker = $134.66 per month.

30 year $500k Term UL Life Insurance policy rates for a 50 year old female super preferred non-smoker = $94.85 per month.

30 year $500k Term UL Life Insurance policy rates for a 55 year old male super preferred non-smoker = $200.22 per month.

30 year $500k Term UL Life Insurance policy rates for a 55 year old female super preferred non-smoker = $128.81 per month.

30 year $500k Term UL Life Insurance policy rates for a 60 year old male super preferred non-smoker = $314.97 per month.

30 year $500k Term UL Life Insurance policy rates for a 60 year old female super preferred non-smoker = $177.93 per month.

30 year $500k Term UL Life Insurance policy rates for a 65 year old male super preferred non-smoker = $507.67 per month.

30 year $500k Term UL Life Insurance policy rates for a 65 year old female super preferred non-smoker = $277.62 per month.

*These 30 year term ul life insurance policy rates are accurate as of the time that this article was published, but can change at any time.  To be certain they are still current, please call us at 1-888-950-TERM.

These are currently our best 30 year term ul super preferred non-smoker life insurance policy rates for $500k.  Most people will not qualify for super preferred non-smoker rates. To find out if you qualify for super preferred non-smoker term ul life insurance policy rates please call us at 1-888-950-TERM.

In some cases your term ul life insurance policy rates will end up being higher.  For example, if you have some recent medical history your term ul life insurance may be rated or even declined.  If you do have some type of medical history, we can help you shop the term ul life insurance market to get the best possible rates.

Please feel free to use our term ul life insurance policy rates quoting software to get your own life insurance policy rates if you are a different age, gender, a smoker or if you are just looking for a different amount of term ul life insurance.  You can also use our quoting software to get rates for term and universal life insurance policies.

As always, if you need assistance getting term ul life insurance policy rates, term life rates, universal life insurance policy rates, whole life insurance policy rates or return of premium (ROP) life insurance policy rates, please call us at 1-888-950-TERM and we will be happy to assist you.

About InsuranceGlobe.net

The following term life insurance companies head up the InsuranceGlobe.net Top 15: MetLife Investors USA Insurance Company, American General Life Insurance Company, Lincoln National Life Insurance Company, Transamerica Life Insurance Company, Banner Life Insurance Company, West Coast Life Insurance Company, Reliastar Life Insurance Company, Ohio National Life Assurance Corporation, Genworth Life and Annuity Insurance Company, The Penn Mutual Life Insurance Company, Genworth Life Insurance Company, Security Life of Denver, Midland National Life Insurance Company and Pruco Life Insurance Company. We use a third party database of the best U.S. term life insurance companies ranked in terms of lowest life insurance rates. We also provide ROP, universal and term life insurance quotes online.

Term life insurance rates have been dropping steadily in response to increased competition. Term life insurance is a commodity, and improved access to online life insurance quotes information, such as at this Web site, is making it even more so. Whether to use life insurance as an investment is a separate decision; but for the lowest life insurance cost, which is term insurance, why pay more than you have to?

Term life insurance quotes are commodities, so be sure to get the best term life insurance rate you can find. InsuranceGlobe.net also specializes in life insurance underwriting for impaired risk life insurance. To evaluate all of your underwriting factors, please call us at 1-888-950-TERM.

About Life Insurance

Paying for life insurance is no fun, but it is something that few families can do without. The important thing is to buy life insurance only for losses that you can not replace, such as your income. Avoid life insurance policies that only cover specific loss of life, such as accidents, plane crashes or cancer. You’re better off with life insurance that will pay a death benefit for any loss of life for only a small increase in premium.

Make sure you carry enough life insurance, but remember that people with no dependents may not need life insurance policies at all. To estimate the amount of a life insurance policy, use our online life insurance quote engine. Most life insurance consultants estimate five to ten times your annual income is enough to protect your loved ones. Smoker life insurance policies cost two to three times as much as non-smoker policies.

Make sure your policy has an option for accelerated death benefits. This option will enable you to access your life insurance policy if you contract a terminal illness.

Term or Whole Life Insurance?

Term life insurance covers a person against death for a specific period of time or term. For example, the term might be 10, 15, 20, 25 or 3o years. You pay for the chosen policy period and at the end of the term, the contract or policy expires. If no claims are made against the policy during the term, you don’t receive any benefits after the policy expires, just like auto or homeowners insurance.

Universal life insurance, which is a form of permanent insurance, does not expire (assuming you continue to pay the premiums). It provides coverage similar to term life insurance, but for the rest of your life for as long as you live. It also provides an investment vehicle. A portion of the premium goes for life insurance, while the rest goes into an investment account.

Which is better?

A young family with large financial obligations and minimal discretionary income is usually better off with a term life insurance policy. The substantially lower premiums enable them to purchase sufficient coverage to protect against loss of income. Any discretionary investment funds can be placed in other vehicles (mutual funds, money market accounts, etc.) that are likely to generate returns similar to or better than a life insurance policy. Universal life insurance is often purchased by people for tax and estate planning purposes.

Choosing an Agent

Almost all life insurance companies sell their products through agents, rather than directly to the public. Some companies use “captive” agents, who can only represent one company. For insurance with a competitive life insurance company (such as those featured at this site) you will want to use an independent life insurance agent like InsuranceGlobe.net, who is free to represent several companies. Whether you need term life insurance or a whole life insurance quote, InsuranceGlobe.net can help you find the best life insurance policy.

You should first obtain online life insurance quotes before making a decision.

Some life insurance companies now offer no-exam life insurance with a few health questions and no medical exam.

In summary, do some product research first, using a service like InsuranceGlobe.net, and get a life insurance quote online. Then, if you have any questions or are ready to get your life insurance application started call InsuranceGlobe.net at 1-888-950-TERM.

A Return of Premium Rider (ROP) is available on some term insurance policies.  This rider returns the sum of all annual premium paid(including base policy fee and ROP rider premium) at the end of the initial term period, provided the policy owner is still living and the policy remains in force. If the policy is surrendered before the end of the initial term period, less than 100 % of the premium will be returned.  The longer you wait the higher percentage you will get back.  Adding the return of premium rider will increase the overall cost of the policy.

To determine if the additional cost is worth it, you need figure out what you would earn if you invested the difference.  To make a fair comparison, you need to compare this with other guaranteed investments such as fixed annuities or CD’s, because the return on a return of premium policy is also guaranteed.  However, if you are an aggressive investor you can use a hypothetical rate of return for your analysis, assuming you would invest the difference in a non-guaranteed vehicle.

Keep in mind that if the policy owner dies at any time during the term period, simply buying traditional term coverage and investing the difference will always provide the greatest return, because the policy owner’s estate would receive the death benefit and can also distribute the invested cash.

One of the most common reasons people buy life insurance is for income replacement.  PacLife has a handy insurance calculator that you can use as a guide http://www.pacificlife.com/Channel/Educational+Information/Calculators/How+much+life+insurance+do+I+need.htm

There is also a version of term life insurance that will return one hundred percent of premiums paid to the owner, if the insured is still alive at the end of the term period.  This is called return of premium term life insurance.  Return of premium term life insurance is typically available for 10, 15, 20 or 30 yrs.

We can help you determine what rate you will qualify for and answer any questions you have about the carriers strength and what plan may be best for you.  Just give us a call and we will answer you questions right over the phone in minutes at no charge to you.

These are just some of the questions that you need to be thinking about when shopping for life insurance.  To get started you can take a guess at what your health class will be to get an idea of what the prices will look like for you.  Then you can use our health analyzer, to see what health class you qualify for.  If you have any questions you can always call us at 1-888-950-Term and speak with one of our representatives.