page loader

Universal Life Insurance

A Guide to Universal Life Insurance Coverage

Universal life insurance is a unique and intriguing kind of coverage that provides policyholders and their families with both death benefits and accumulated cash value over time- This is what makes this type of coverage different from other kinds of life insurance.

Universal Life Details

While there generally are higher premiums for this type of coverage, it is considered by some as far better due to the cash value of the policy as it increases, often, over time. If you’re seeking life insurance you are well-served by investigating universal policy coverage.

Who Benefits

Normally this kind of coverage is best suited for those who desire death benefits while also having assets that can accumulate in value over time. The death benefits can also often be adjusted to fit the needs of the policyholder and for his or her future financial planning as well. Generally, one will determine how much coverage is needed before purchasing the coverage. However, over time one can also engineer how quickly the cash value accumulates by altering the premium payments upward or downward. One’s future financial goals can also be better achieved by taking advantage of these kinds of plans. The cash value can sometimes easily grow over time or one can take advantage of the option to withdraw some of it when needed to meet life matters head on. For example, a policyholder might withdraw some money out of the plan that to finally take that long postponed honeymoon or to take on those home improvements, etc.


Universal life can go above and beyond the norm in helping to provide a policyholder and his or her loved ones with some enduring protection while also, eventually, allowing insurance premiums to be covered without paying anything out-of-pocket. These plans are very flexible and quite rewarding in many cases for those who take them on. Insurance professionals can assist you in choosing which permanent insurance policy is best for your family’s needs.