What Is Universal Life Insurance? Universal life insurance offers permanent coverage with a unique twist—flexibility. Unlike other policies that lock you into fixed premiums and set death benefits, ...

Reviewed by Thomas J. Catalano Fact checked by Vikki Velasquez Key Takeaways Indexed universal life (IUL) insurance lets the policyholder decide how much cash value to assign to an equity-indexed ...

(StatePoint) Life is full of changes, transitions, growth—and sometimes disruptions. September is Life Insurance Awareness Month, making it the perfect time to consider a universal life insurance ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

This document shows how a policy can perform in certain scenarios, but the actual outcome might be very different ...

Protective offers term life as well as universal life insurance and whole life insurance. Term life policies are priced competitively and available for 10, 15, 20, 25, 30, 35 or 40 years, giving you ...

Indexed universal life (IUL) insurance offers a unique blend of life insurance protection and the potential for cash value growth linked to market indexes. One of the primary tax advantages of IUL ...