UV Insurance Review

Early Learning 

You can purchase this insurance plan for your child when they are between the ages of 0 and 36 months old. The coverage amount for this plan ranges from $250 to $50,000. Coverage with Early Learning begins when your infant turns 15 days old, or when UV Insurance receives the application. If you purchase another plan with UV Insurance within 12 months, you can get a fee refund. 

Juvenile 30/100 

Getting insurance coverage for your children such as Juvenile 30/100 will help you keep your children protected at highly affordable premiums. The maximum amount for this life insurance is $500,000 but you can also opt for $100,000 or $250,000. The insured amount is automatically indexed by 10% every year during the first 10 years. The plan is designed to provide maximum life insurance protection to children 0-15 years with affordable premiums. It helps you to secure the future of your children and grandchildren. The plan can be easily converted to  permanent insurance at age 30. You don’t even need a health statement to do this and also the insurance premium will be guaranteed. UV Insurance juvenile 30/100 covers life insurance, critical illness insurance and accidental fracture for your children. 9 critical illnesses are covered including stroke, coronary artery bypass surgery, heart attack, and cancer and 5 child diseases namely, cystic fibrosis, cerebral palsy, muscular dystrophy, type 1 diabetes mellitus, and congenital heart disease. On expiry, the term to age 30 can be converted to term to 100 at a highly competitive rate.

AdapCI Critical Illness Insurance 

AdapCI allows you to get your premium back in the event of death, provided no claim has been made for a critical illness condition. You can also get 100% your premium back if you cancel your critical illness insurance once premiums are due. A lot of critical illnesses are covered by this plan. This includes 24 critical illnesses and 4 noncritical illnesses. The critical illnesses include illnesses covered in the juvenile plan and more. AdapCI provides robust protection from $10,000 to $2,000,000. It is a highly flexible and also affordable critical illness insurance plan. The plan covers 24 critical illnesses and 4 noncritical illnesses. All the critical illnesses covered in juvenile insurance are covered by this plan and more. You can get back your premium after 10 years, or in the event of death if you have not made a claim. You have an option to choose when to end your payment. Available options include until the age of 25, 35, 45, 55, 65, or 75.

Term Life

The term life insurance is available for the duration of 10, 20 or 30 years. You need to be between 18 and 65 to be eligible for this life insurance. Your coverage can be renewed until your death, every 10 years at a guaranteed premium. If you are unable to perform 4 of the 6 daily living activities before age 60, you could receive 50% of your initial premium amount.

Your term insurance can be easily converted to a whole life insurance until age 70. You don’t even need evidence of insurability to do this. In the event of your death, the plan will pay your funeral expenses, your tax and debts, leave an inheritance for your dependents, and maintain the standard of living of your beneficiaries. You can add critical illness and supplementary benefits such as dismemberment and accidental death.

Integral Permanent Life Insurance 

Integral permanent life insurance covers you on the insurance that is equivalent to the total premiums you have paid. In other words, as soon as you stop paying premiums, your insurance coverage will be adjusted to its reduced equivalent depending on the total premiums you have already paid. Integral permanent life insurance allows you to pay premiums all your life. With this insurance plan, you can interrupt payment as you wish without losing money. You can also stop paying premium anytime you want and will still be insured for life. The plan covers you by a reduced equivalence of your insurance equivalent to the total amount of premiums you have paid when you stop paying premiums. You can cancel your insurance contract and redeem a part of the premiums you have paid. The money you redeemed can be used for any purpose such as health issues, personal projects and so forth.

Adaptable Permanent Life Insurance 

Adaptable permanent life insurance offered by UV Insurance allows you to leverage adequate legal protection at no extra cost. It covers 8 legal fields, namely, personal, real estate, assets and property, family, business, labor, consumer protection, and civil liability and litigation. Besides, you can opt for this insurance plan without any proof for insurability. The insurance plan includes two chapters, namely, a basic option (chapter A). This is a term insurance that insures up to $100,000. The second chapter, chapter B, is optional. It is a permanent insurance option. Adaptable permanent life insurance has one of the highest cash values in the industry, you can even borrow against your cash value. The premiums can be paid in 8 premium payment periods namely to age 25, 35, 45, 55, 65, 75, and 85. Only a minimum of 20 years of payments is allowed. Legal assistance is also included in the plan at no extra cost. This covers 8 legal fields namely, personal, real estate, assets and property, family, business, labor, consumer protection, and civil liability and litigation. You can opt for this insurance plan without any proof of insurability.

Whole Life High Values 

This is a new permanent life insurance product offered by UV Insurance. Premiums are fixed and you’re guaranteed to be insured regardless if your health changes or not. The insurance is payable for 20 years. Receive tax-free coverage that ranges from $10,000 to $2,000,000. With Simplified issue, there is no medical exam required and the coverage provided is for $10,000 to $150,000. In your 10th year of being a policyholder, you’ll have access to a cash value.