Beautiful Do You Need To Keep Making Payments On A Universal Life Insurance Policy
Background. Protection for your entire life (provided premium payments are timely made to keep the policy in. However, this depends on one final note.
Life insurance proceeds may be used to:
If the policy has not performed well, you may have to pay higher premiums to keep it in force. Will pay out no matter when you die, as long as you keep up with your premium payments. With most term life insurance policies, if the policyholder doesn't die during the term, all of the premium payments he or she made are lost; If the policy has not performed well, you may have to pay higher premiums to keep it in force.