If you have purchase a Permanent Life Insurance Policy in the last 10 years then this article would be of interest to you. The different types of Universal Life Insurance Policies were sold with an assumed Interest Rate of 4 - 5 % on the fixed side or upto 12 % on the variable side. The interest rates on the fixed side are close to 1.5% . If the situation continues for a few more years this will cause a lot of strain in those Life Insurance Policies where the Costs start to eat into the Cash values and causing the Life Insurance Policies to Lapse even when the premiums are being paid in full.To protect yourself from that you want to look for policies which offer you a Guaranteed Death Benefit with a no-lapse clause so the Death benefit is guaranteed so long as the premiums are being paid irrespective of what happens with the interest rates. Please call me if I can be of help at (904) 233 - 5985. CA 0D55305. Please check out my website at :
http://sacramentoeducationalworkshops.com/
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