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What is the different between increasing and level in universal life insurance?
Wiki User
∙ 17y ago
I assume that you are asking about Variable and Non variable universal Life.Variable has more financial risks involved as far as intrest rates and returns.Level offers a guaranteed minimum intrest rate.Ussually 5%-6% the first ten years and 2%-3% there after.I would be happy to answer any questions but the most important thing needed is What are you using the life insurance for?Private,business,to build cash?
Wiki User
∙ 17y ago
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