What Is Wrong With Universal Life Insurance? 
What 's wrong with universal life ? Nothing really , but ... Universal life is a flexible premium policy that provides a lot of leeway to the insured . This freedom can come back and haunt the insured as an underfunded UL can blow up down the road and leave the insured with nothing . Also in the past agents sold minimum premium plans during an up interest rate market . If nothing changed , these policies did fine , but how often in history does nothing change ? 