Is Universal Life Insurance A Good Investment? 
Universal Life Insurance , is first and foremost a life insurance policy . If you require life insurance to provide cash at death to protect your loved ones , your business or your estate then an opportunity is created for you to utilize the reserve or cash value and use universal life as an `` investment '' . In Canada , there are limits to the amounts you can fund a universal life policy to keep the `` tax advantaged '' status of being exempt from accrual taxation . For individuals and corporations in the top tax brackets this tax advantaged status alone might make Universal Life a `` good investment '' , but for most there needs to be an life insurance requirement . In Canada , all earnings inside a Universal Life policy are expressed as interest , however , they can mirror the earnings of many of the top mutual funds . One company offers 400 + investment options in a `` tax advantaged '' plan . An independent life insurance broker , representing several companies , can help you find the right policy at the right price . If you have any further questions , or feel that I could be of assistance , please do not hesitate to contact me . 