Today, learned about life insurance… again… 😀 When buying life insurance, usually the insurance agent will only quote you with term life insurance, whole life insurance or seniors life insurance.

But there is another variant of life insurance… it is called universal life insurance. It is a little bit different from the other term life insurance coz its policy can be maintained indefinitely… giving policy holder flexibility, transparency, and affordability.

Universal life insurance is suitable for a tax-advantaged investment vehicle, protecting a business (as upon death of an owner), protecting an estate against liquidation, funding a retirement plan and many more.