A recent study shows that most Americans do not have enough life insurance coverage. In fact, though 85% of people agree that most people need life insurance, only 62% say they have it. And of those 40% feel that they don't have enough coverage. Why is that? Could it be that the variety of … Read more about What Type of Life Insurance Should I Get?
To understand what universal life insurance is, we need to discuss the two basic types of life insurance policies. They are: permanent life insurance, and term life insurance. Term life works by guaranteeing a set premium amount for a set number of years. So the "term" is not how long the … Read more about What is Universal Life Insurance?