View 10 Do I Need Universal Life Insurance
Pics. Term life insurance do you really need lifetime coverage? It also provides more flexibility than other life insurance options.
Universal life insurance is a type of life insurance that lasts your entire life—into your 90s and beyond. I do have an excellent term life policy that is reasonably priced. Each variable universal life insurance investment has management fees which need to be considered, similar to when you're evaluating a mutual fund.
Term insurance may be a great fit if you need coverage for a 3 investing in variable universal life insurance involves risk, including possible loss of principal.
To get your life insurance. How universal life insurance works. A universal life policy also gives you the flexibility to raise or lower premium payments within certain limits, so it can cost less than whole life coverage.1. Change is a constant in life — and often brings new needs and priorities.