Does Universal Life Insurance Have A Cash Value? 
Yes , universal life does generate a cash value over time . These values can be used for many purposes the insured has in mind . These cash values also support the cost of insurance charged each month so care should be taken in the management of your cash values . Withdraw too much value and you can possibly put the policy at risk because there is n't enough between the outside premium and the inside cash value to support the cost of insurance . This is a common problem with a lot of universal life policies . If a person decides a universal life policy is what works for them , they should realize they need to pay attention to the policy . 