What are some of the common reasons why individuals might choose universal life insurance over other types of life insurance?

With a universal life insurance policy, you may be able to adjust your premiums and death benefit over time to suit your needs. With a whole life insurance ... There are other variations, including universal life, which builds cash value and is widely marketed by life insurance companies. NAIC Life Insurance Policy ... Your needs will evolve in the face of such changes, which is why SMART UL comes with built-in flexibility. With our 10-Year No Lapse Guarantee6, you can ... Advantages of universal life insurance: · Long-term coverage for a lower premium than you would generally pay with permanent life insurance policies. · Cash ... A Universal Life (UL) product might be just what you are looking for. Your UL policy will provide security today with the cash value growth potential you need ... Universal life insurance gives you lifelong protection and cash value you can use for anything, anytime, plus the flexibility to adjust your policy along the ... We will ask you to provide us with information that we then use in what is called underwriting. This is the process that an insurance company uses to determine ... Universal life insurance policies are permanent life insurance products that include a cash value savings component. This website is for information purposes only and is not intended to be relied upon as a forecast, research or investment advice. Universal life insurance is a flexible adjustable life policy, which incorporates annually renewable term insurance with an interest bearing side fund (cash ...