Learn about Universal Life Insurance, a life insurance policy offering flexible premiums where policyholders can choose their premium amount and receive corresponding benefits.
Learn about the monthly administration fee in life insurance, a charge assessed in universal life policies to cover the company's administrative costs.
Learn about the corridor in universal life insurance, its role in maintaining life insurance status for tax purposes, and its significance for policyholders.
Learn about the level death benefit option in universal life insurance, which provides either the face value of the policy or a percentage of the accumulation value upon the insured's death.
