View 10 ? Universal Life Insurance Background. The life insurance payout, called universal life insurance is a type of permanent life insurance. The premiums are flexible, but not necessarily as low as term life insurance.
Universal Life Insurance from r0k.us Affordable life insurance is just a few clicks away. Rbc universal life insurance with bonus interest offers an effective annual rate of 1.5% of the policy's accumulation value. With universal life insurance, you can receive lifelong coverage.
Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.
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