What kind of death benefit does a universal life insurance policy have?
What kind of death benefit does a universal life insurance policy have?
Death benefit You have two choices: Level death benefit: The death benefit remains the same through the life of the policy. For example, if you buy $100,000 of coverage and build up $60,000 in the policy’s cash value account to help pay premiums, your beneficiaries receive $100,000 when you die. Oct 28, 2021