Best 10 Money Magazine And "Index Universal Life Insurance"
Pictures. Typically you can save/invest more money by separating the two components by buying term life insurance (the death benefit) and then investing the difference in a ira or even a regular taxable account. Universal life insurance can be viewed as whole life insurance unbundled.
Do you need index universal life insurance or term life insurance?
Transamerica offers several types of universal life insurance. It's a question we hear a lot from clients when we first meet to discuss life insurance policies: $500,000, $1,000,000) and in the specific use of the policy. Typically you can save/invest more money by separating the two components by buying term life insurance (the death benefit) and then investing the difference in a ira or even a regular taxable account.