What Are The Advantages And Disadvantages Of Universal Life Insurance? 
Life insurance is all about mathematics . There are differences between policies ; however , the underlying numbers are the same . A given number of people at a given age will die in a given year . A whole life policy uses the general fund of the company to guarantee its benefits . If you want a more flexible approach you can buy universal life which develops its cash values in a separate fund . The company does not guarantee the results of that fund . 