Save up to 70% off Life Insurance!

Male Female

Save up to 70%

off Life Insurance!

Male Female

What Is Universal Life Insurance?

Universal life insurance is selected by those seeking flexibility in a life insurance policy. For example, while standard policies will not allow you to skip premium payments or change the death benefit of your policy, universal life policies offer these options.

How it Works

With universal life insurance policies, the cash value of the policy is based on the paid premium payments which are placed in a fund and invested in options such as treasury bills or the stock market. While they are flexible, some of the criticisms of universal life insurance policies include dependence on interest rates and projections, and the ups and downs of the stock market. If you do not have room for risk in your financial plan, then universal life insurance is probably not the best choice for you.

Learn More

Universal life insurance policies present both benefits and risks. Before selecting a universal life insurance policy, assure that you understand the ins and outs of the policy by discussing your options with a life insurance expert.