View 10 Universal Life Insurance Policy? Pics. Like other life insurance policies, including whole life insurance and term life insurance, you can add a variety of riders to universal life policies. Universal life insurance can a useful alternative to whole life or term life.
In addition to providing a people who own universal life insurance policies can make periodic adjustments according to their needs. With universal life insurance, you can receive lifelong coverage. Universal life insurance, like all types of life insurance policies, comes with both advantages and disadvantages.
What is universal life insurance?
Like other life insurance policies, including whole life insurance and term life insurance, you can add a variety of riders to universal life policies. To put it simply, ul coverage is. In addition to providing a people who own universal life insurance policies can make periodic adjustments according to their needs. Coi will vary by policy based on the policyholder's age, insurability, and the insured risk amount.