Get Adjustable Vs Universal Life Insurance Pics. Adjustable life vs variable life insurance. Pays a level death benefit during the early years, and the death benefit increases in later years to meet the corridor test required by the internal revenue.
But, with flexibility comes confusion and uncertainty. Another interesting benefit of universal life insurance is that the insured can use interest earned on the savings component to help pay the monthly premiums. These are very typical of different policies.
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Universal life insurance is also called adjustable life insurance because of the flexibility it offers. Whole life vs universal life insurance. Adjustable life and universal life are used interchangeably to describe flexible premium life insurance policies. The two choices can have a flexible adjustable premiums are the hallmark of universal life insurance.