Why Choose Universal Life Insurance? 
Some reasons to choose Universal Life Insurance are : 1 -RRB- It is flexible . You can adjust the face amount downward , adjust the premium up or down , or dump in money to make the policy fit where you are at in life . You can also adjust the funds for IUL and VL , and the amount of coverage you have in each fund . 2 -RRB- It is low priced for permanent coverage . No lapse Universal Life can be purchased with very low cash value so that the premium goes to getting the longest possible coverage at the lowest rate . 3 -RRB- It has the potential to perform better than shown . You know the worst it can do , but it can outshine that . 