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  2. Universal Life Insurance: Benefits, Drawbacks & Costs to Know ...

    www.aol.com/finance/universal-life-insurance...

    Adjustable death benefit. With universal life insurance, you have the option to adjust the death benefit to match your fluctuating financial needs, enabling you to increase or decrease your ...

  3. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.

  4. Types of life insurance - AOL

    www.aol.com/finance/types-life-insurance...

    Universal life insurance. Universal life insurance, sometimes called adjustable life insurance, adds flexibility by allowing policyholders to adjust death benefits and premium payments. This ...

  5. What Are the Pros and Cons of Indexed Universal Life Insurance?

    www.aol.com/finance/pros-cons-indexed-universal...

    Indexed universal life insurance falls under the umbrella of universal insurance, but there are some key differences. The primary difference is that stock indexes like the S&P 500 and Nasdaq 100 ...

  6. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    There are several types of universal life insurance policies, including interest-sensitive (also known as "traditional fixed universal life insurance"), variable universal life (VUL), guaranteed death benefit, and has equity-indexed universal life insurance. Universal life insurance policies have cash values. Paid-in premiums increase their ...

  7. Universal life insurance - AOL

    www.aol.com/finance/universal-life-insurance...

    Indexed universal life (IUL), also known as equity-indexed universal life insurance, links your policy’s cash value growth to a stock market index, such as the S&P 500. While this offers the ...

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