Earn Growth and Protect Your Family With a Universal Life Insurance Policy

Universal Life Insurance Means Flexible Premiums, Cash Value, and (Maybe) Guaranteed Death Benefit

Call Miller Carlisle, The Premier Independent Agency for Universal Life (UL) Insurance in Pennsylvania!

Imagine a permanent life insurance policy that provides cash-value growth while also providing a sizable death benefit protection . . . and flexible premiums to boot?

One of the most popular varieties of life insurance is a type known as universal life (UL). As an independent agency serving the people of the Commonwealth of Pennsylvania, Miller Carlisle Insurance Services LLC connects a lot of clients to universal life insurance policies, instantly giving them protection for their family and giving them a financial instrument to accumulate cash value.

Immediate (tax-free) death benefit, long-term (tax-advantaged) savings for the future, and all with a flexible premium. Those are some of the reasons a universal life insurance policy is worth your consideration.

Talk Nerdy To Me: How Does Universal Life Insurance Work, Anyway?

It’s a Permanent Life Insurance Policy With a Cash Value Component That Grows With a Subaccount

Universal life insurance is a type of life insurance coverage that provides benefits beyond just paying out tax-free proceeds to the beneficiaries upon the occurrence of the insured’s death. Universal life insurance is a life insurance policy with a lot of moving parts – and some distinct advantages.

Chances are you’ve heard the terms “term life insurance” and “whole life insurance.” Policies like those share some basic similarities with “universal life insurance,” but they’re essentially three different categories of life insurance coverage.

A universal life policy is like term life insurance in that it carries a death benefit, i.e., a lump-sum payout to the beneficiary or beneficiaries of the policy upon the event of the death of the insured person. And a universal life insurance policy is also like whole life insurance, in that both universal and whole provide permanent coverage in addition to cash-value growth.

But that’s about where the similarities end. Basically, universal life insurance is substantially more complex than either term or whole life coverage. Yes, a universal life policy has a death benefit, but unlike term life insurance, it could be either a guaranteed or a flexible death benefit depending on the type of policy . . . and of course the policy’s death benefit can vary – upward, if the internal subaccounts earn interest and experience cash-value growth, or downward, if you fail to invest enough premium payments to keep the policy’s death benefit at the preferred level.

You may also design the universal life insurance policy to pay for itself once it achieves enough cash value inside the subaccount. Alternatively, you can continue to accumulate positive cash value and maintain coverage though an adequate death benefit by paying higher premiums. You decide based on your own financial goals and capacities.

What Different Types of Universal Life Insurance Are There?

Talk With Miller Carlisle About Your Choices for Custom Universal Life Coverage

There are, generally speaking, three types of universal life insurance options:

Guaranteed universal life insurance policies – Provide a fixed death benefit payout and guaranteed minimum cash-value growth throughout the term of the policy (i.e., the insured’s lifespan).

Indexed universal life insurance policies – Provide cash-value growth linked to an external market index, typically the S&P 500 or the whole stock market index. Usually the policy’s cash-value growth is floored (restricted to certain limits on the lower bound) by a minimum interest rate.

Variable universal life insurance policies – Provide high potential cash-value growth (as well as the risk of loss) through policy subaccounts indexed to or directly invested in securities such as mutual funds. With living benefits as well as a death benefit, variable universal life insurance policies require consultation with licensed financial professional in investment advisory services to discuss investment options in the subaccount.

(Please note: Life insurance is granted special tax consequences; however, these advantageous consequences can be negated should you withdraw money (such as through policy loans) from the universal life insurance policy prior to the policyholder’s death, or if the account’s cash value exceeds certain limits. It is strongly recommended to consult with your tax advisor and/or registered broker dealer about tax implications as well as suitable investment options.)

Each of these types of universal life insurance policies represents a conversation you should have with your Miller Carlisle agent. Give our central office in Carlisle, Pennsylvania, a call to find out how you can protect your family in case you’re not around to provide for them . . . and build cash value for retirement or leisure at the same time.

That’s what universal life insurance offers.

Benefit from a True Independent Insurance Agency in Pennsylvania

We’re Not Beholden To One Life Insurance Company, So We Can Find the Best Policy for You

Competition is a good thing. That’s why Miller Carlisle has always been (since we started back in 1978) an independent insurance brokerage serving the families and businesses of Pennsylvania – because we believe we serve our clients best when we provide unbiased, independent information on all types of insurance policies.

Our independence as an insurance brokerage means we can connect clients with policies from a wide variety of insurance companies. Miller Carlisle agents can provide in-depth, experience-informed advice about aspects such as 1) how easy it is to adjust coverage once the policy is in force; 2) how to lower premiums; 3) how to build cash value; 4) what the claims-paying ability of the insurance company is; and 5) whether you’re getting maximum coverage and service for the money you’re investing.

We’re on your side. Rely on the independent advice of Miller Carlisle Insurance Services LLC, and protect yourself with a suite of smartly chosen insurance coverages from front-line insurance companies here in Pennsylvania.

Pennsylvania’s Five-Star Insurance Agency

Customers Rave About Our Service, Our Honesty, and Our Thorough Search for the Best Policy

Nowadays, a lot of people base their online shopping decisions on reviews posted by other customers.

That’s fine with us. Miller Carlisle is pleased to say that nearly every review ever written about our insurance agency has been glowing, raving, extremely complimentary – with the full five stars to boot.

Here are a few snippets from online reviews about Miller Carlisle Insurance Services LLC of Pennsylvania:

• “Excellent company, excellent service.”
• “Very knowledgeable and helpful. Made the process easy.”
• “Awesome service!! Always!! I do recommend this agency to others.”

We appreciate every client who takes the time to write a review about their experiences getting insurance protection through Miller Carlisle – and when we go the extra mile to make sure you feel good about your insurance coverage, we hope you’ll post a review too!

Miller Carlisle Serves Life Insurance Clients Throughout the Keystone State

We Protect Families and Businesses from Cumberland County to the Four Corners of Pennsylvania

Our office is in Carlisle PA, the ideal Central Penn location to serve the insurance needs of individuals, families, and businesses large and small throughout Pennsylvania.

Whether you’re located in Philadelphia or Pittsburgh, Erie or Scranton/Wilkes-Barre, Harrisburg or Lancaster or Williamsport or Oil City, Miller Carlisle is the No. 1 insurance agency in all of Pennsylvania for universal life policies as well as term life and whole life insurance.

(Editor’s note: We also connect clients to auto, homeowner’s, health, business, and Medicare supplement insurance too . . . but those are all for other pages on this site.)

Strengthened by a veteran team of experienced agents, Miller Carlisle has been Pennsylvania’s go-to independent insurance agency since 1978. Trust the experts at Miller Carlisle to guide you to the best insurance products with the most affordable premium payments.

Interested in Lifelong Protection With Cash Value Accumulation and Flexible Premium Payments?

Call, Message, or Visit Miller Carlisle, Your Pennsylvania Insurance Agency!

So you’re considering life insurance and you’re thinking a universal life policy might be right? It’s time to talk with your friends at Miller Carlisle Insurance Services LLC.

Let’s have a no-obligation, no-pressure conversation about the pros and cons of universal life insurance. As an independent Pennsylvania insurance agency, we care more about ensuring you get the right policy than selling policies from any particular life insurance company.

Your Miller Carlisle agent is just a call or a click away:

• Call us at 717-243-4400
• Email us at [email protected]
• Submit the form over on the right
• Visit our office at 19 Brookwood Ave, Suite 102, Carlisle PA (off Walnut Bottom Rd)

Get the facts about universal life insurance, and get a well-designed custom universal life policy from a reputable issuing insurance company here in Pennsylvania.

Get your life insurance through Miller Carlisle Insurance Services LLC.

Call Miller Carlisle Today for an Independent Perspective on a Universal Life Policy