The main feature that sticks out with a universal life Insurance policy is the flexibility that it brings to the table. The features of a universal policy might vary more from one plan to another, and the advantage here is that it combines many of the benefits that come from permanent policies like complete coverage and accumulating cash value, while it also offers some conveniences like adjustable payment schedules, changing premium costs, and more.
In other words, universal policies are an attempt to give the insured the best of both worlds. Universal life insurance policies provide amazing benefits for a wide variety of people, and if you think it might be right for you, then you should talk with one of our professionals today to see if a customized plan can meet all of your family or business needs.
