Universal life insurance overview

Understanding Universal Life Insurance: How It Works and Potential Problems

Universal life insurance is a type of permanent life insurance that offers flexible premiums and the option to adjust the death benefit over time. It also has a cash value component, which grows tax-deferred over the policy’s lifetime. How Universal Life Insurance Policies Work Universal life policies have two main parts: an insurance component– which Read More

Types of death excluded in life insurance policy

Types of Death Your Life Insurance Policy Won’t Cover

Your loved ones will receive a life insurance payout from your insurer if you’ve been paying your premiums regularly and pass away with active coverage in place. However, there are some instances where your insurer may refuse to pay out a death benefit. In this article, we will discuss the types of death which will Read More