Universal Life in China, Hong Kong and Indonesia: An Overview

Life insurance investment requires a cautious and prudent approach. The universal life policy plans have certain features and benefits, as explained below, that make it a popular option for buyers in China, Hong Kong and Indonesia.

Universal Life

Traits of Universal Life Insurance

Alterable Premiums
Universal life gives you greater freedom to plan an insurance combination that suits you the best rather than following a rigid framework. Any figure that falls in the maxima –minima range as fixed by the IRS is acceptable. Premiums can be increased, decreased, or even avoided altogether, as per your current financial situation.

Adjustable Death Benefit
In contrast to term insurance, the death benefit can be changed, while complying with the broad limits set in the contract, without having to opt for a new policy altogether.  This continued protection even if the basic requirements change is a unique feature of universal life.

Change in Credited Interest
The insurance company has the right to periodically change the interest rate that is credited. However, this rate will never go down the minimum amount stipulated in the contract. It is this feature along with the dividend earned on the amount invested that leads to lesser premium amounts as the company can earn returns from the market.

Alternate plans
Universal Life in China, Hong Kong, Indonesia and most other parts of the world offers two separate plans to treat death benefit, Level Death and Increasing Death.  Level Death Benefit option, offers the death benefit to be the face amount only. The net risked amount is the difference between face value of the policy and the current policy value, which keeps on decreasing as the policy value increases.  This lowers the cost of insurance. On the other hand, the Increasing Death Benefit option offers the sum of the contractual policy figure and the latest policy value as the end gain.  This increases the long term expenses due to increasing cost of insurance but accumulates a larger amount at the time of death.

Universal Life

Why Opt for Universal Life?

Settle Debts
It takes away the frown from your forehead as paying off educational loans, estate taxes and mortgages becomes a cakewalk with direct withdrawals or taking a loan against the accumulated cash value of the policy. It’s an all smiles proposition as these loans and withdrawals are tax-deferred.

Stable Flow of Income
UL ensures that the deceased is missed is only emotionally and not because of financial strains as the death benefits keep the stream of income flowing continuously to the family through interests, dividends and/or lump-sum payment.

Equitable Distribution
The long-term multiplying effect of the cash value helps you to plan in advance the equitable income value that is to be distributed among your beneficiaries. Prior calculations can be done to help figure out your post retirement plans as well.

Use the below given universal life sites to educate yourself about your life insurance needs. Get life insurance rates for Term, Whole, and Universal Life Insurance.

Universal Life Hong Kong & China: Universallife.com.hk

Universal Life Indonesia: Universallife.co.id

Secure Your Future: Learn How Permanent Life Insurance Works

Permanent life insurance assures a sum due to be paid at the maturity of the policy (assuming the policy is continued) and the policy generates a cash value. It provides protection for your entire lifetime in most cases.

Regardless of when you die, as long as premium payment is up to date, your beneficiaries will receive the proceeds, generally income tax free. Permanent life insurance works to meet long-term requirements; has level premiums and a cash value that grows tax deferred.

Permanent Life Insurance

Short-term Benefits
• Dividends can take care of premium payments.
• Total death benefit can be grown along with your coverage without increasing your premium.
• Premiums, although higher on a permanent life insurance policy, contribute to the growth of the policy’s cash value.
• Permanent life insurance is flexible and provides you dynamism to change your plan according to your present needs.

Long-term Benefits
• Protection of funds which are a part of your portfolio.
• Cash value growth over time.
• Tax benefits
• Dividends providing competitive returns.
• An asset that is immune to recession.

Access to Cash Value
The amount generated over the years in the cash value account can help you meet your urgent needs as well as achieve financial goals. It helps to:

• Be a crutch during your retirement
• Fund your child’s education
• Provide a viable option where heavy down payment of funds is involved
• Carry out a new business venture
• Meet family emergencies
• Save tax

Over the past few years, the need for permanent life insurance has been felt by people belonging from all strata of society. Today, people are using permanent life insurance for the powerful use of its cash values and the freedom it provides in retirement, along with its ability to leave a legacy to family or charity. In these circumstances, permanent life insurance makes it more than just a death benefit, it becomes an asset.

Get a life insurance quote through universal life to protect the people you love. Customize your policy with options that best meet your needs:

Universal Life Hong Kong: Universallife.com.hk

Universal Life Indonesia: Universallife.co.id

Term vs. Permanent Life Insurance: Which One is Ideal for You?

Permanent Life Insurance

On hearing the word ‘life insurance’, the first thing that comes to our mind is security against the uncertainties of life. It is undoubtedly true that life is uncertain and we never know when we might have to lock horns with trouble. In such a situation, life insurance plays a very important role by providing comprehensive financial security to your dependents. You would definitely want your family to be financially stable even after your death. If so, there is no better option than buying a suitable life insurance policy that can cover all the needs of your family.

Once you decide that you need life insurance, the next important step is to look for a policy that can match your requirements. Broadly speaking, you have two options:

• Term life insurance
• Permanent life insurance

Term vs. Permanent Life Insurance
Out of these two options, most people go with the second one. This is because permanent life insurance has more benefits than term life insurance. There are many people who are unable to select an appropriate policy as per their needs as they aren’t completely aware about what each of the options hold. To clear the confusion, it is necessary to understand both these types of life insurance.

Term life insurance
If you are looking for a life insurance policy that provides coverage for a limited period of time and has a fixed rate of payment, then term life insurance is an ideal option. Under this policy, if the insured dies during the term, their beneficiaries get the benefits; however, if the person lives past the pre-determined duration of the policy, the policy expires and there is no benefit for the insured.

Permanent life insurance
Permanent life insurance is the best option for people who wish to get lifetime coverage. Permanent life insurance allows people to take a loan against the cash value of their policies. However, for taking a loan, a person needs to have a good amount of cash value as borrowing against the policy’s face value is not allowed. The premiums of permanent insurance policies are usually higher compared to term insurance.

To encapsulate, it can be said that term life insurance is for those who want to pay low premiums, even if that means limited coverage; on the hand, permanent life insurance is an ideal option for those who need comprehensive coverage and can afford to pay higher premiums.

If you have any query or need a quote? You can use enquiry form available on below given websites:



Various benefits of permanent life insurance

It is the biggest reality of life that life is uncertain and we never know where life will take us. Therefore, in order to deal with the various uncertainties of life, it is essential to make some important decisions regarding the financial stability of your family. One of the most important decisions is to choose the right kind of permanent life insurance policy to ensure the financial security of your family.

One of the main factors that play an important role in the choosing of a life insurance policy is your family’s needs and requirements. Since you are opting for life insurance so that you can provide them with financial security against the odds of life, your family members need both pre-death and post-death coverage. If the permanent life insurance policy is chosen with diligence, it can definitely prove to be of great benefit.

Benefits of permanent life insurance:

Happy retirement

Most people prefer to opt for permanent life insurance policies. This is because its terms are much better compared to normal term insurance policies. Some of the benefits that influence people to choose permanent life insurance are:

• Permanent life insurance provides lifetime coverage.
• You can take a policy loan by borrowing against your cash value of the life insurance scheme.
• Permanent life policies offer death benefits that can be beneficial for your family after your death.
• It is considered as ‘cash value insurance’ since, a part of your premium (after the deduction of insurance expenses) is invested by your insurance company and the accrued interest builds up your cash value overtime.

Based on the above mentioned benefits, you should opt for permanent life insurance to ensure maximum security for your family.

Want to know the importance of permanent life insurance? Read on!

Universal life

These days, most of the people consider the option of buying a permanent life insurance policy in Indonesia so that they can create a well-established buffer for the security of their family members after their death. Everybody knows that life is pretty uncertain and in today’s time. If you haven’t planned for the future of your family, it is going to be hard for them in case of uncertain events in life. To avoid such challenges and difficulties, most people prefer to opt for life insurance with the help of which, they can create financial provisions for family and loved ones following their death as a part of a sound financial plan.

Importance of permanent life insurance
Permanent life insurance

If we look broadly into the types of life insurance, we would get two basic types i.e. term insurance and whole life or permanent insurance. The policies of the former offer death benefits. This means that if you die, you will get money back, but if you live past the pre-determined length of the policy, you will not get any benefits. The later one i.e. the permanent life insurance policies are open-ended and also accumulate a cash value that the policyholder can earn dividends from and borrow against or cash-in upon surrendering the policy. Out of the two types of life insurance policies, most people prefer to opt for permanent or whole life insurance. The reasons behind the increasing popularity of these policies are its many benefits versus traditional policies.

Types of permanent life insurance
Permanent life insurance can be categorized into mainly two types which are:
1. Whole life insurance
2. Universal life insurance

life-insuranceThe whole life insurance is meant for satisfying long term goals by offering consumers consistent premiums and guaranteed cash value accumulation whereas, universal life insurance policies focus on giving consumers flexibility in the premium payments, death benefits and a savings element in their policy.

Now, with the varying benefits of both types of permanent insurance policies, it can become a bit difficult for many people to decide which policy is the best one for them as well as for their family. To make the task of picking up the most suitable policy easier, it is strongly recommended that you analyze your family’s needs, both pre and post-death. This will surely help you to make better decisions for your family.

Escondido, CA Property Managers – Maximize the Value of Your Property


Property is among the most valuable assets, which makes it even more important for us to take good care of it. The stats show that investment in land and property is among the best possible investment options because the returns are tremendous. In fact, buying a property is considered better investment as compared to all the other investment options including mutual funds, insurance etc. However, if not managed properly, property can lose its value. If you own a property overseas, it is important to take the help of professionals that can manage your property well.

Out of various countries worldwide, the USA is a great country to invest because it promises good returns in the future, due to which, most investors are investing their money in the properties in the USA. If you also own a property in the USA and looking for Escondido, CA property managers, there are a lot of factors that should be considered.

Escondido Property Managers

Firstly, make sure that the company you have selected is licensed and insured. This means that the property managers have permission to take care of your property, security deposits and rentals. When a company clears state level exam, it is given a license to provide property management services. Apart from the aforementioned, insurance is another major factor that must be considered. If some damage happens to your property, your property manager should take the responsibility and your insurance company should pay for it. You should not bear the burden of the loss all by yourself.

Secondly, it is important to make sure that their services are satisfactory. The best way to check that is ask for reference. Look for properties they are managing and ask yourself if you are happy with what you saw. You can also ask them for client reference and communicate with the owners of the property to find out more about the company and the quality of their services.

Select a property management company

Lastly, look for the benefits they are providing. When you hire Escondido, CA property managers, you should get true value for your money. Apart from basic maintenance, look for the benefits they provide. Do they use any software or technology to keep you updated regarding rent and maintenance of your home, is there a 24×7-customer service line available? If the answer is yes, select them!

Make sure to keep your budget in mind while selecting a property management company. Hire the one that meets both your requirements and budget.

Life Insurance Policies: Whole vs. Universal

life insurance

They say, “What’s in the name?” When it comes to buying a life insurance policy, name is extremely important. Each one of us is different and so are our saving requirements. Before selecting a life insurance policy, you must analyze your personal and family requirements both pre and post your death. There are two different types of permanent life insurance. This article will help you understand more about these policies so that you can make a thoughtful decision.

Whole life insurance

This insurance covers you as long as you live. Here, you need to pay the same amount of premium for a specific time to receive death benefit. Usually, this policy is kept in force for your entire life, no matter for how long you may live. This type of insurance policy provides life insurance coverage with a savings feature. As a result, you may end-up paying higher premiums initially compared to term-life insurance.


With each premium payment, your cash value increases and this savings element of your policy builds-up your cash value on a tax-deferred basis. The presence of cash value in these policies is a real benefit because you can borrow against this cash value and also use it to pay the premium amount. Whole life insurance policy is made to fulfill an individual’s long-term goals and thus it is advisable to keep it in force for as long as you are alive.

Universal life insurance
This policy is also famous as an ‘adjustable insurance policy,’ because it offers more benefits than whole life insurance, and the policy owner has the ability to reduce or increase their death benefits and premium amount as per their financial needs (after first premium payment has been made).  When it comes to death benefit, the policy owner has two options – a fixed amount of death benefit, or increasing death benefit that is equal to the face value of the policy, plus, the cash value amount.

In case of financial issues, you may stop your premiums and use your cash value to pay the premium amount. However, there should be enough money accumulated in your cash value account to cover the payment of the premiums. The alternative of policy loan is another added perk in Universal life insurance. It is imperative that you do not make regular withdrawals from your accumulated fund because that will reduce the cash value amount.

While purchasing a particular type of life insurance policy, it is important to prioritize your requirements.

To know more about Life Insurance policies visit: Universallife.co.id/universal-life