What are the key terms and definitions I should know when learning about universal life insurance?

Mar 25, 2025 ... Indexed universal life (IUL) set a new quarterly and annual sales record. IUL new premium increased 10% to $1.15 billion in the fourth quarter. There are other variations, including universal life, which builds cash value and is widely marketed by life insurance companies. NAIC Life Insurance Policy ... Aug 20, 2017 ... Trustmark Universal Life Insurance · Enrollment has been extended! The number to call is 425-827-8397, option 1. NW Benefit Advisors can answer ... Jan 9, 2023 ... Like other forms of life insurance , universal life pays out a benefit when you die. But what sets universal and variable universal life ... Universal life insurance (UL) is a type of permanent life insurance. It is a whole life insurance policy and is designed to pay out a cash lump sum upon death. Universal Life insurance allows you to pay higher premium amounts when you want, so you can potentially increase your cash value. Flexibility + stability. Fixed universal life provides flexible premium payments and reliable cash value growth tied to a fixed interest rate, offering stable ... Feb 27, 2025 ... Universal policies allow you to change the size and frequency of your payments, which can be handy when times are lean. However, paying less can ... 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 ... This website is for information purposes only and is not intended to be relied upon as a forecast, research or investment advice.