Financially.site – Universal life insurance is a type of permanent life insurance that offers a combination of lifelong protection and investment opportunities.
It provides policyholders with the flexibility to adjust their coverage and premiums as their financial needs change over time.
In this comprehensive guide, we will explore the key aspects of universal life insurance, including its benefits, types, considerations, and how to choose the right policy for your needs.
What is Universal Life Insurance?
Universal life insurance is a permanent life insurance policy that provides a death benefit to your beneficiaries upon your death.