View 10 A Universal Life Insurance Policy Definition Pics

View 10 A Universal Life Insurance Policy Definition
Pics. What is universal life insurance? Anyone who has a need for a permanent life insurance policy should consider a universal life policy.

All other factors being equal, what would the premium be like in a survivorship life. A universal life insurance policy may be appealing if you like the idea of having a permanent life insurance policy that offers Rules for universal life insurance:

Indexed universal life insurance links the cash value to the gains of a stock index such as the s&p 500.

The policyholder pays a fixed premium for life. The universal life insurance option a definition means that the potential policy proceeds remain level and are always equal to the death benefit. Unlike whole life insurance that locks you in at one rate for the rest of your life, universal life insurance is a type of permanent life insurance policy that provides policyholders with the flexibility to increase or decrease the coverage. Universal life insurance policies may offer adjustable premiums and an adjustable death read your policy or check with your agent for more information.