Most importantly, buyers who are worried about the limits of whole life insurance policies will continue to see growth as long as they make payments toward a universal policy. Universal life ...

Universal life insurance combines the benefits of cash value growth with the ability to adjust your policy over time. For many people, it’s a more budget-friendly and versatile option than whole ...

Otherwise, any cash value that has accumulated over the course of the policy is added to the death benefit that is payable to the insured person’s beneficiaries. Universal life insurance is ...

What Is Universal Life Insurance? Universal life insurance offers permanent coverage with a unique twist—flexibility. Unlike other policies that lock you into fixed premiums and set death ...

Part one explains indexed universal life (IUL) policies and how they work. Part two, Retirement Planning With Life Insurance, explores three ways an IUL could be used to generate retirement income.