When Is Universal Life Insurance A Good Investment?

  1. 4470 POINTS
    Brandon Roberts
    Owner, The Insurance Pro Blog,
    When someone is looking for a low risk asset, universal life insurance can be an adequate savings plan for their goals.  There is a specific design that should be followed to ensure optimal cash value performance, and this mostly involves minimizing the death benefit on the policy relative to the incoming premium.
    Answered on October 30, 2013
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  2. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    A universal life insurance policy can be a good investment if the purchaser needs both savings and life insurance. Combining the two can be beneficial if the policy has good returns. Indexed Universal Life allow the insured person to invest a little more aggressively but still not go under zero or lose the policy if the investments under-perform.
    Answered on April 15, 2015
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