One of the many great attributes of a Universal Life Insurance policy is its flexibility. These polices can be illustrated in many different ways in order to meet any goal. They are different from Whole Life Insurance in the sense that premiums can be reduced or increased at any time whereas with a whole life policy the premium is fixed for life and must be paid to keep the policy from lapsing no matter what the cash value of the policy may be.
Definition of Life Insurance - Life Insurance Quotes And Term Life Insurance Agency Specializing in life Insurance Quotes.It not only provides financial protection to the dependants of the insurance policy holder, but it as well suggests a grand device for maintaining one’s funds.
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