Get In Universal Life Insurance Do You Get Premiums Back
Pictures. Though there is a small premium tax that varies. All permanent life insurance policies have three puzzle pieces that must fit together whole life insurance, like universal, is permanent insurance and is intended to stay in force until the death of the insured.
If you have some significant sum of savings and want to leave a legacy for your family buying universal life insurance with premium financing.
With universal life insurance, the premiums are flexible and can be paid as the policyholder desires. Indexed universal life too often gets a bad rap by the whole life purist crowd. Universal life insurance can a useful alternative to whole life or term life. With universal life insurance, the premiums are flexible and can be paid as the policyholder desires.