Does Universal Life Insurance Have A Cash Value? 
Universal life insurance requires cash value to remain in force . The annual cost for protection increases each year as you age . Without cash value there wouldnt be any way to pay those increasing expenses . Because of its flexible nature and hoped-for better returns , some have callously thought that they can keep a universal life policy going at a relatively low premium . They are often faced with enormous increases required in order to keep coverage in place . 