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	<title>New answer on: How Universal Life Insurance Works?</title>

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		<title>By: David Pipes</title>

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		<dc:creator>David Pipes</dc:creator>

		<pubDate>Wed, 28 May 2014 18:36:01 +0000</pubDate>

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When you pay a premium to a universal life policy, that amount which exceeds the current cost of insurance is credited to the cash value of the policy.&#160; That cash value earns tax deferred interest according to the provisions of the policy.&#160; In addition to the current cost of insurance there are fees which are also withdrawn from the policy as stated in the policy.&#160; The insurance company generally offers a minimum interest rate set by the contract, but may change the rate credited from time to time.]]></description>

		

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