05 February 2011

Term UL Added To Accuquote’s Life Insurance Quotes

Term UL Added To Accuquote’s Life Insurance Quotes ; Accuquote, one of the country’s largest independent life insurance quoting and brokerage firms, now offers term UL, a new crossbreed product that grafts traditional term life insurance coverage unto a universal life or UL frame. The insured then has the flexibility to extend their coverage beyond the original term and lock in rates comparable to today’s universal life policies.

“All in all, for most buyers, Term UL has been, and will continue to be, compared and used interchangeably with their level term counterparts. This is the industry’s latest creative move in response to an ever changing regulatory environment.” Says founder and CEO of Accuqoute, Byron Udell. “That being said, in this case, the consumer is winning in that the new product will be less expensive, yet will deliver the same level guaranteed periods of coverage along with some additional and potentially valuable flexibility. Term UL will offer very affordable rate for savings later.”

Consumers must keep in mind that each life insurance company offers a different variation of the product. The Accuquote Company offers consumers an extensive selection of life insurance quotes, products, including term life, whole life, universal life, accidental death, long-term care disability and selected annuities.

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