Top American International Universal Life Insurance
Background. Definition of universal life insurance including pros and cons, best rates, and policy features like cash value accumulation & guaranteed no lapse option. 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.
In many cases, north american life insurance company has the lowest premium.
Universal life insurance (ul) takes several forms. American international group, inc., better known as aig, offers a wide range of life insurance products including term, whole, universal, and accidental now, aig is a global insurance company with operations in over 80 countries. Universal life was the first insurance company to be founded in. American general life insurance company p.o.