Archive for the 'Universal Life Insurance' Category

I was recently discussing term life insurance with a friend.  He had mentioned to me that he just purchased a universal life insurance policy.  I thought that was interesting and asked him why.  He said that he didn’t really need life insurance (doesn’t have a family, kids, or too much debt), but that he wanted to use the life insurance policy as an investing vehicle.  Many people may not know, but there are certain life insurance policies where you can borrow against the money or cash value within the policy.  It’s all very interesting.  If you have questions about this type of policy and whether or not it would be a good thing for you, give the folks at Wholesale Insurance a call.  They’re very good at answering questions and steering people towards the most appropriate type of life insurance for each situation.