Compare and contrast term life insurance to Universal life insurance, but before we do that let me provide an outline of the two different types of policies. Term life insurance has premiums that are level for a timeperiod (the term) then increase. At a certain age the policy expires. It’s about the purest form of life insurance you can get. No cash values, no investments, no bells and whistles. Universal life insurance is effectively term life insurance plus an investment side account strapped to the side. There are two basic types of term policies that form the base of universal …Read More