Want this question answered?
Be notified when an answer is posted
purchased for a set premium cost with the option of paying more.
Universal Life is called only Universal Life! Universal Life 1 may just be a name given by the marketing department at an insurance company. mcdlife.com
Purchased for the secondary purpose of investing
Jacob riis
Universal theme is best described as a theme that is repeated within a single literary work. It can be a universal truth or some aspect that is generalizing.
Universal Life - Cyprus - was created in 1970.
Universal Life Church was created in 1962.
Atheists think that there is no universal meaning to life.
Universal Life
universal theme is a story about the persons life
Universal life is a tool just like whole life and term. They all have their place, but not everyone need universal or term insurance. It depends on what your goals and fears are.
The primary difference is how the cash value is invested. Variable universal life means it is invested in stocks and mutual funds and a "fixed" universal life is usually dependent on interest rates. Both carry high risk, but a fixed universal life policy gives you a guarantee that it will not go below a certain interest rate, while variable universal policies usually do not.