1. 4249 POINTS
    Gary Lane
    President, Lane Independent Agency, Southern California
    This type of life insurance is intended to be a permanent policy, which will never go away and protect you until your death. The premiums are variable, depending upon meeting payments within a certain range of guidelines, depending on your cash flow that month. It will accumulate value, depending upon the economy. It is pegged to a variety of market indexes, from which you may selected. Unlike whole life, which is fixed, universal has some variable qualities, allowing you to take advantage of the stock market's growth. An indexed universal gives you some benefits of both whole and universal, by limiting the growth to a percentage of the market's growth, while ensuring you never can lose money. Thank you. GARY LANE.
    Answered on May 24, 2014
  2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>