Whole life and universal life are both types of permanent life insurance, but there are key differences when it comes to cost, benefits and policy requirements. To help you learn about what sets them ...

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Universal life insurance offers flexibility in premium payments and death benefit adjustments, allowing policyholders to adapt coverage to life’s changing needs. The policy builds cash value, which ...

Indexed universal life insurance offers flexibility in premium payments and the ability to adjust the death benefit. IUL policies include a minimum guaranteed crediting rate, or interest rate, which ...