September 20, 2006 1:47 AM
Universal Life Insurance Feature: Permanent Protection And Flexible Payments
In this series, we will walk you through many common features of a typical universal life insurance policy.
From In this series, we will walk you through many common features of a typical universal life insurance policy....:
Permanent Protection and Flexible Payments
Universal life insurance policies are designed to give you added flexibility while preserving the benefits of a permanent life insurance policy. You have the freedom to choose the amount of coverage that suits you best—and choose a payment amount that works within your budget. You can also increase or decrease the face amount of your coverage4 and vary the frequency and amount of your premium payments to best meet your individual and business goals.
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