Top Universal Life Insurance Is: Quizlet Images
Top Universal Life Insurance Is: Quizlet
Images. Premium are subjected to cash value which are credited a rate of interest. Indexed universal life is so misunderstood!
Universal life mortality charge is based on:
When you pay your premiums, some of these funds go toward building your cash value, just like whole life insurance. You won't have to worry about 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. The policy combines permanent life insurance protection for. Not sure if your policy was designed for.