<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"

	xmlns:content="http://purl.org/rss/1.0/modules/content/"

	xmlns:dc="http://purl.org/dc/elements/1.1/"

	xmlns:atom="http://www.w3.org/2005/Atom"

	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"

	
	>

<channel>

	<title>New answer on: What Are The Possible Drawbacks Of Universal Life Insurance?</title>

	<atom:link href="https://insurancelibrary.com/life-insurance/what-are-the-possible-drawbacks-of-universal-life-insurance/feed" rel="self" type="application/rss+xml" />

	<link>https://insurancelibrary.com/life-insurance/what-are-the-possible-drawbacks-of-universal-life-insurance</link>

	<description></description>

	<lastBuildDate>Thu, 08 Feb 2024 00:23:46 -0600</lastBuildDate>

	<sy:updatePeriod>hourly</sy:updatePeriod>

	<sy:updateFrequency>1</sy:updateFrequency>

	<generator>https://wordpress.org/?v=6.9.4</generator>


	<item>

		<title>By: Stan Cox II</title>

		<link>https://insurancelibrary.com/life-insurance/what-are-the-possible-drawbacks-of-universal-life-insurance</link>

		<dc:creator>Stan Cox II</dc:creator>

		<pubDate>Wed, 02 Sep 2015 20:15:09 +0000</pubDate>

		<guid isPermaLink="false">https://insurancelibrary.com/life-insurance/what-are-the-possible-drawbacks-of-universal-life-insurance</guid>


		<description><![CDATA[This is a very intelligent question I wish more people would ask! Universal Life Insurance is considered a &quot;Permanent&quot; insurance. Unfortunately what often isn&#039;t disclosed is that Universal policies have a continuously increasing &#039;cost of insurance&#039; assessed annually. So while the premium may not be increased, what most often happens is that the cost of insurance fees eventually eat up whatever cash value had been accumulated until there is no more cash value. Then unless the premiums are increased to cover the shortage the policy will lapse. So it&#039;s better to think of Universal insurance as a longer version of Term insurance.]]></description>

		

	</item>


	<item>

		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/what-are-the-possible-drawbacks-of-universal-life-insurance</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sat, 19 Oct 2013 18:31:37 +0000</pubDate>

		<guid isPermaLink="false">https://insurancelibrary.com/life-insurance/what-are-the-possible-drawbacks-of-universal-life-insurance</guid>


		<description><![CDATA[When addressing regular Universal Life Insurance ( as opposed to Indexed Universal Life or Variable Universal Life Insurance), the biggest drawback, in my opinion, is with policies that do not have a guaranteed death benefit. The disadvantage of this type of non-guaranteed Universal Life policy was more profound in the past, when they were taken out at times of very high interest rates. Those interest rates were projected into the future, and when the rates fell, many UL policies lapsed years ahead of their projections. This is preventable by taking out policies with guarantees not to lapse for x number of years, or to age 120.]]></description>

		

	</item>


</channel>

</rss>

