Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Universal Life Insurance and other Life Insurance topics.
Through a universal life insurance policy, you can choose to invest a portion of your premium payments into stocks, bonds, and money market accounts. Although the guaranteed interest amount on your universal life insurance quote will change with the market, it is currently at 4% for those who secure their policy before the amount changes again. This means that you can make a minimum of 4% on the policy.
|Jennifer Mathes, Ph.D.|