Universal Life Insurance Companies


There are many universal life insurance companies to choose from. While many companies specialize in offering life insurance, some of the most popular insurers of auto and home coverage also offer universal life policies.

Progressive

Progressive offers a variety of life insurance policies to choose from, including universal life insurance. Progressive doesn’t actually underwrite its own life insurance policies. Instead, when you apply, your information is redirected to eFinancial, which provides quotes from Fidelity life and other insurers not affiliated with Progressive. Life insurance coverage options through Progressive range from $5,000 to $1 million, and you can use an online form to get a quote. But remember, Progressive doesn’t underwrite or service your policy. They simply redirect you to another company.

Nationwide

Nationwide offers several universal life insurance options to help best fit your needs. Policies may include a tax-free death benefit, easy access to your accumulated cash value, and long-term care protection to combine two insurance coverages into one policy. Policies available are: Nationwide offers an online tool to help you decide which life insurance policy is best for your situation. But to get a quote, you’ll have to call to speak with an agent.

Farmers

Farmers offers two universal life insurance policies: Farmers EssentialLife Universal Life and Farmers Index Universal Life. You can purchase coverage for individuals ages 15 days to 80 years, and coverage amounts range from $50,000 to $250,000. You can also add riders for disability, terminal illness, and critical illness.One of the benefits of Farmers life insurance policies is that many don’t require a medical exam. However, you can’t get an online quote and will have to speak to an agent to sign up.


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