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. What is universal life insurance? Universal life insurance is a type of permanent insurance, covering you until death just like a whole life policy.

4 Ways Indexed Universal Life (IUL) Helps Retirement ...
4 Ways Indexed Universal Life (IUL) Helps Retirement ... from jh-bt.s3.amazonaws.com
What is supplemental life insurance? I am so upset because i am 75 years old and do not remember being told that this would happen with universal life policy. Universal life insurance is a type of permanent insurance, covering you until death just like a whole life policy.

It offers much more flexibility than whole life coverage and will typically allow the policyholder to move funds between the insurance portion of the policy and the cash value component.

At i&e, we don't try to pretend that there is one best life insurance policy or company. One of the more comprehensive ways to provide for your family after death is a universal policy. It offers much more flexibility than whole life coverage and will typically allow the policyholder to move funds between the insurance portion of the policy and the cash value component. They're both permanent/lifetime policies, have have apparently similiar attributes, but in many life insurance policies, the insurance cost is effectively your premium.