Understanding Universal Life Insurance: Flexibility and Financial Security
- RFG Coverage
- Oct 11, 2024
- 1 min read
When considering life insurance, many individuals overlook the advantages of universal life insurance. This type of policy combines a death benefit with a cash value component, allowing policyholders to adjust their premiums and coverage amounts as their financial needs evolve.

Why Choose Universal Life Insurance?
1. Flexible Premiums: Unlike whole life insurance, universal life insurance allows you to change your premium payments based on your current financial situation.
2. Cash Value Growth: The cash value accumulates over time and can be borrowed against or withdrawn, providing financial flexibility.
3. Lifelong Coverage: As long as you pay the required premiums, your coverage can last for your entire life.

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