Download Universal Life Insurance College
Background. Universal life insurance can a useful alternative to whole life or term life. Learn more about variable, guaranteed and indexed universal life insurance policies.
Learn how iul works and its pros and cons.
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. 529 plan for college savings. However, this depends on the returns of those invested savings and the actual cost of your death benefits, according to your health changes over time. What is universal life insurance?