Get Sprint Universal Life Insurance Pics. Universal life was the first insurance company to be founded in. Universal life insurance (often shortened to ul) is a type of cash value life insurance, sold primarily in the united states.
Alumni US | Buena Vista University (1999) from profile.alumnius.net It also provides more flexibility than other life insurance options. 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. Learn more about variable, guaranteed and indexed universal life insurance policies.
It has the potential to accumulate cash value over time that you can borrow from.
Universal life insurance has both advantages and disadvantages. For buyers who need life insurance that lasts until death, builds cash value and offers flexibility in payments and benefits, universal life could be the right choice. It has the potential to accumulate cash value over time that you can borrow from. 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.
