Life Insurance

It's better to have and not needed than need it and not have it!

Life insurance provides funds for an individual’s loved ones in the event of the insured's death. It is a contract with an insurance company that promises to provide an amount of money (the death benefit) to the beneficiary(s), upon the insured's death. In return, the payor pays premium, periodic payments to the insurance company.

We know it's difficult to imagine a time when you won't be there to help provide for your family, which is why the Universal Insurance Agency offers programs designed to help meet your life insurance requirements at any stage of life. Call our office in Dayton, Ohio, to schedule a consultation and learn how much we can help you save on any life insurance.

Life Insurance Can be Used as a Means of Investment or Savings

Life Insurance is Important for Anyone to Have; However, it is Absolutely Necessary If:

  • You have a spouse
  • You are a parent
  • You have a sizable estate
  • You own a business
  • You have an aging loved one who depends on your income
  • Your retirement savings are not enough to insure your future
  • Your dependents may have many other financial problems
  • You have bills, a car loan, or a mortgage
  • Your family depends on your income to live

The Right Life Insurance for You

Your policy's death benefit can fund your dependent's needs for a long time after you're gone. Whether you buy life insurance to cover final expenses, mortgage, income replacement, or children's education, you're making a long-term commitment. That's why it is very important that you know exactly what type of life insurance and how much coverage you're buying, and get the right advice from people who know. Before buying any policy, ask yourself this question: If I were to die, what would my children, spouse, or dependents need in order to continue living the same lifestyle I have provided for them?

There is no one-size-fits-all when it comes to life insurance. Term policies are very low cost and provide coverage up to a duration when the need no longer exists. However, they don’t provide any cash accumulation, and premium may rise to an unaffordable level once the term expires. Whole Life insurance, on the other hand, may allow you to pay when you're making money, and stop payments when you’re retired or have fixed/less income. At Universal Insurance Agency, we work with each individual need and look for better rates from top-rated life insurance carriers to find you the best coverage money can buy. Contact us today for an anonymous quote to compare with what you may already have.

Here's a comparison of Whole Life insurance costs among different companies to help you find the best final-expense insurance rate available. We offer Whole Life Insurance that requires no health exam, guaranteed coverage, and creates cash value. These policies come with a fixed premium which never goes up and the policy can never be cancelled, unless the insured stops paying for premium. Some policies come with a PAID UP feature where your coverage stays in force for the rest of your life without having to pay another single premium. Call today to find how much we can save on your insurance.

The word is out - our final expense rates are LOWER!

Age Our Rates Foresters Columbian Forethought Assurity Transamerica
55 $28.40 $25.65 $29.51 $31.05 $29.37 $29.10
60 $32.37 $34.62 $37.07 $34.51 $34.74 $33.60
65 $41.54 $41.90 $44.32 $42.30 $44.03 $41.60
70 $52.17 $52.29 $57.04 $52.68 $56.41 $53.90
75 $71.49 $72.31 $76.11 $70.84 $76.89 $72.80
80 $103.55 $105.07 $112.39 $114.09 $113.89 $104.00
85 $152.60 $158.76 $155.53 N/A N/A $149.60

Plus -

  • Rates are guaranteed to never increase
  • Your coverage will never decrease
  • Policy grows cash value for emergencies.
  • No medical exam is required
  • Benefits are paid income tax-free