Do Universal Life Insurance Premiums Increase? 
Universal Life Insurance premiums will not increase if you purchase a policy where they are guaranteed not to increase . If you do not buy a policy with that type guarantee , there is a chance your premiums will need to be increased for your policy to stay in effect as long as you want it to . The good news is that UL policies can be purchased with lifetime premium guarantees , or guarantees for the premium to stay level for shorter periods of time , at a slightly lower price . 