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Universal Life Insurance

Workplace Benefits

Universal Life Insurance

One of the most common workplace benefits is a universal life policy. Universal life insurance is a product that credits any premiums that exceed the cost of the insurance to the cash value of the policy. The cash value is credited on a monthly bases and it accumulates interest.

With each of these types of insurance the details and rules will be explicitly spelled out in detail, allowing you to gain a full understanding of what you can expect from your coverage.