How Universal Life Insurance Works: Pros and Cons Explained

How Universal Life Insurance Works: Pros and Cons Explained

Choosing the right life insurance policy can be challenging. One option stands out for its flexibility: universal life insurance. Unlike term or whole life coverage, this policy blends a death benefit with a cash value component that grows over time. This article breaks down how these policies function, their benefits, and potential drawbacks. We’ll compare…

Whole Life vs Term Life Insurance: What’s Best in 2025?

Whole Life vs Term Life Insurance: What’s Best in 2025?

Choosing the right policy can be tough. With changing economic factors in 2025, understanding your options is key. Many families face financial strain if they lose a primary income. In fact, 44% of U.S. households struggle within six months of such a loss. Term life offers affordable coverage, averaging $22-$27 per month for a 40-year-old….