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    Universal life insurance can be viewed as a marriage between life insurance and investments. You decide how much death benefit you want, or need, and the frequency of your premium payments. You also decide how much should be applied to your investment account. The amount of monthly outlay can vary as long as there is a suffic
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    The amount of monthly outlay can vary as long as there is a sufficient amount to take care of the death benefit plus administrative costs.

    In other words you say to the insurance company, for example, "I have $200.00 per month that I want to put in this policy, I want $250,000 of life insurance and the rest of my monthl

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