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What is special about a universal insurance?

Updated: 8/20/2019
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10y ago

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Universal life insurance is special in that it allows the policy owner to alter the time period and amount of premium payments as well as the death benefit and you can do this while the policy is in effect. However the altered payments must be with limitations of the company you are getting the insurance through.

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Q: What is special about a universal insurance?
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What is special about variable universal life insurance?

What's special about variable universal life insurance is that it builds cash value. You can read more about this type of insurance online at the Wikipedia website. Once on the page, type "Variable universal life insurance" into the search field at the top of the page and press enter to bring up the information.


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Universal Insurance company Limited's population is 3,000.


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Universal life insurance is a form of life insurance, a policy used to provide a family with money after the death of the one getting the insurance. Universal life insurance can be purchased from many of the leading life insurance companies, including Nationwide and American Family.


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How does Spectra Life Insurance differ from Universal Life Insurance?

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What type of insurance does Universal Insurance Company sell?

Universal Insurance Company sells both personal and commercial automobile insurance policies. The company is located in Winston-Salem, North Carolina.


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


Is variable universal insurance a reliable insurance company?

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