Download What Are The Funding Strategies Of A Universal Life Insurance Policy
Background. Universal life insurance (often shortened to ul) is a type of cash value life insurance, sold primarily in the united states. On the other hand, the payment flexibility can make the advantages of a permanent insurance policy easier to obtain.
Using life insurance as an investment strategy may be a solid option even in turbulent economic times whole life insurance is the most common type of permanent insurance policy.
Before the development of universal life insurance, permanent life insurance was relatively straightforward. Variable universal life insurance policies are less likely to offer more choices in terms of the type of investment ii. Using life insurance as an investment strategy may be a solid option even in turbulent economic times whole life insurance is the most common type of permanent insurance policy. This amount varies based on your age, health, and insured.