Download Can You Cash In Universal Life Insurance After It Lapses Images. What is my universal life policy lapsing? The insurance company will then.
What is the difference between term and universal life ... from i.investopedia.com Universal life insurance is a form of life insurance, a policy used to provide a family with money after the death of the one getting the insurance. If you have ul insurance, you can choose to make payments beyond the cost of the insurance. It can be hard to get approved for a life.
Universal life insurance can a useful alternative to whole life or term life.
Find a universal life insurance policy with prudential and you'll have life insurance as long as your premiums are paid, making it easy for you and your family. If you don't, the policy will eventually lapse as the cash value is depleted. This is offered as a renewable life insurance policy, guaranteed renewable for a fixed amount of time, frequently until 65 years old. What else does your insurer have to offer you?