Nov 26, 2024 · Universal life (UL) insurance is a type of permanent life insurance that, like other permanent insurance, has a cash value element and offers lifetime coverage as long as you …

What is universal life insurance? Universal life insurance is a type of permanent life insurance, which means it offers lengthy coverage and builds cash value over time.

Jun 16, 2025 · Key Takeaways Universal life insurance is a permanent life insurance with cash value, flexible premiums and a flexible death benefit.

Nov 20, 2025 · Universal life insurance is a type of permanent life insurance. It's similar to whole life, but with more flexibility to change your premiums, payment frequency, and coverage amount.

Jan 9, 2023 · Universal life insurance is a type of permanent life insurance that has the flexibility to cover a client's changing needs. With adequate funding, it can provide coverage throughout …

Aug 15, 2025 · Universal life gives you more flexibility than whole life, including how you pay premiums and the ability to adjust the death benefit over time. There are two components to a …

Dec 4, 2025 · Universal life is a flexible way to get a permanent life insurance policy and build cash value. The premiums are flexible: you can raise or lower payments within certain limits …

Jul 15, 2025 · Universal life insurance is a form of permanent insurance, meaning coverage can last for your lifetime if you pay your premiums. This is different from term life insurance, which …

Dec 1, 2025 · What is universal life insurance? Universal life insurance is a type of permanent life insurance divided into two components: death protection and cash value.

Dec 29, 2025 · What is a Universal Life Insurance Policy? Universal life insurance is a type of permanent life insurance that combines lifelong coverage with flexible premiums and a tax …