What Is Supplemental Coverage For Universal Life Insurance Images. You may see supplemental life insurance coverage offered for things like burial costs or accidental death and dismemberment, or expressed as an additional. Universal life insurance is also called adjustable life insurance because of the flexibility it offers.
Financialhands's Blog | Just another WordPress.com weblog from financialhands.files.wordpress.com Supplemental insurance is all the types of insurance beyond health insurance, including dental, cancer, life, accident and critical illness coverage. Do you really need lifetime coverage? Your company may offer guaranteed coverage.
Universal life insurance is also called adjustable life insurance because of the flexibility it offers.
Supplemental life insurance can be a good way to take advantage of some additional protection for your family. Whole life insurance, like universal, is permanent insurance and is intended to stay in force until the death of the insured. You may be offered supplemental life insurance through work. Term life insurance is frequently purchased through an employer, with coverage available in multiples of the employee's annual salary.