answersLogoWhite

0


Best Answer

What are the benefits of universal life insurance, and what are the possible drawbacks of this type of policy

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the benefits of universal life insurance and what are the possible drawbacks of this type of policy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are possible drawbacks associated with the adoption of network computers?

What are possible drawbacks


What are the possible benefits and drawbacks to having a very large country?

The benefits to having a large country is having good marketing. The disadvantages is having little space.


What are the possible benefits and drawbacks to refinancing your home?

The possible benefit of refinancing your home is that you might actually get some money from doing that. The possible drawback is you might not only lose mney, but your home.


Is it possible to claim insurance benefits after two years of death?

Yes.


Is it possible to get cheap insurance in Pennsylvania without sacrificing benefits?

Yes Check out www.autosinfo.com/insurance/state/Pennsylvania


What are some benefits of combined life insurance?

The benefits of combined life insurance are lower monthly payments, more life insurance coverage in case of injuries or possible death, and of course not passing the burden to your family in case of tragedy.


What are the possible benefits of taking out a health insurance savings account as compared to purchasing ordinary health insurance?

There are many benefits of taking out a health insurance savings account as compared to purchasing ordinary health insurance. One of the best benefits is the possibility of interest growth in the savings account as well as not having to purchase it all at once.


What are the benefits of burial life insurance?

There are a few possible benefits of burial life insurance. Some of the advantages include there being no age restrictions as there are on many life insurance policies. The cost is low as it only covers one's burial and funeral costs.


How much does the insurance go up for a 50 year old who just had first at-fault accident who has been driving for 3 years for state farm insurance?

There's no possible way for us to know .. there is no universal answer.


What are the benefits of having travel insurance while visiting Europe?

The benefits of possessing travel insurance while visiting Europe are in-numerous. Not only are there multitudes of valid reasons (i.e. loss/theft of your possessions and luggage mix-ups) for obtaining travel insurance; also, the European government mandates their tourists have the insurance to cover any possible personal injury costs.


What are some possible drawbacks to changing your name?

Some possible drawbacks are that you would have to tell the Doctors to change your name on their file, you would have to tell all of your friends, update your facebook/twitter/myspace account, etc.


What are the possible benefits of government run health insurance?

Government run insurance would mean that everybody would have insurance coverage. It would be affordable for the people who do not have the means to carry health insurance. It also would mean that no American can ever be turned away for medical treatment, because they do not have insurance.