BizSugar.com › Finance › What Is Universal Life Insurance? Pros, Cons And Cost

Universal life insurance is a type of permanent life insurance that offers lifelong coverage and the accrual of cash value over time. It is a distinctive form of life insurance that provides policyholders with the flexibility to adjust their premiums and death benefits within certain limits. In this blog post, we will embark on an in-depth journey, unraveling the various aspects of universal life insurance, including its pros, cons, and the critical factor of cost.