Top Is Universal Life Insurance Also Known As Interest Sensitive
Background. What is variable universal life insurance? Universal life insurance is a type of permanent life insurance.
Experts agree universal life insurance is the affordable alternative to whole life insurance.
Unlike term life insurance, these permanent insurance policies never expire as long as you pay the if she earns five per cent annual interest, over the course of 20 years, she'd have $316,000 so as an investment vehicle for savings you know you will not need during your life time but want to leave to. Universal life insurance, like all types of life insurance policies, comes with both advantages and disadvantages. Universal life insurance offers permanent coverage, similar to whole life insurance, but has better rates and the opportunity to not pay premiums if your cash value performs well. If you have term insurance, then there is no.