What Is Universal Life Insurance? Universal life insurance offers permanent coverage with a unique twist—flexibility. Unlike other policies that lock you into fixed premiums and set death benefits, ...

Pacific Life and New York Life are among the best universal life (UL) insurance companies in our analysis. There are several kinds of UL policies that meet different needs. Riders can add features and ...

Reviewed by Thomas J. Catalano Fact checked by Vikki Velasquez Key Takeaways Indexed universal life (IUL) insurance lets the policyholder decide how much cash value to assign to an equity-indexed ...

Indexed universal life (IUL) insurance offers a unique blend of life insurance protection and the potential for cash value growth linked to market indexes. One of the primary tax advantages of IUL ...