Where To Buy Universal Life Insurance? 
There are many companies that offer universal life insurance , however , the products can vary substantially between carriers . The first thing you want to find out is which products are guaranteed universal life programs , meaning even if the cash value hit $ 0 , the policy will still pay a death benefit as long as you keep paying your premiums . Current assumption -LRB- non-guaranteed -RRB- universal life programs can seem great on paper , but carry a lot of risk - if the cash value hits $ 0 under these programs , then the policy crashes and you 're left with no benefits . You would subsequently have to keep paying more and more into the policy at higher amounts to keep it going . When comparing the plans from each carrier , you want to look at what risk class you qualify for -LRB- this determines the premiums - not every carrier is going to offer the same risk class for a given medical profile -RRB- , the cost of insurance under the plan , the interest rates -LRB- guaranteed vs. current -RRB- , and the cash value build in the policy . Work with an independent life insurance agent/broker so you can compare quotes from multiple carriers and review the benefits under each program available in the marketplace with someone who has the knowledge of how the programs work and which one will offer you the most favorable benefit structure . If you 'd like my assistance or have any questions , send me a message using the `` contact me '' button . 