Does Universal Life Insurance Make Sense? 
That is a great question ! Universal Life Insurance makes sense if you want and can do , the following things : Be willing and able to consistently pay more than the minimum payment every month ; Be willing and able to monitor the progress of your policy , and its cash reserves and interest rates ; and be willing and able to invest in this policy over a significant amount of time . This kind of policy can be a great thing , or a heartbreak in the making , so it is not for the `` buy it , make a minimum payment every month and forget about it '' buyer . Depending upon what type of person you are , it may or may not make sense for you . Please contact me , if you 'd like to discuss specifics , okay ? Thanks for asking ! 