Get Option A Universal Life Insurance Background
Get Option A Universal Life Insurance
Background. 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. The premiums are flexible, but not necessarily as low as term life a ul insurance option provides more flexibility than whole life insurance.
The premiums are flexible, but not necessarily as low as term life a ul insurance option provides more flexibility than whole life insurance.
Γιατί η ζωή είναι πολύτιμη. Experts agree universal life insurance is the affordable alternative to whole life insurance. Universal life insurance (often shortened to ul) is a type of cash value life insurance, sold primarily in the united states. Universal life insurance policies may offer adjustable premiums and an adjustable death benefit.