What Are The Benefits Of Universal Life Insurance? 
Universal life offers many benefits , including : Guaranteed death benefit as long as premiums are paid Flexible premiums - pay the minimum to guarantee the death benefit or pay more the minimum to accumulate cash and take advantage of the tax treatment of life insurance Design policies to last as short , or as long as you like At older ages , sometimes a Universal life policy can be more cost effective than term Indexed Universal Life insurance can be a great vehicle to save for retirement , college funding , or any other future money needs 