Universal Life Insurance vs. Whole Life Insurance: What Are the Advantages?

Key Takeaway

Many people wonder about the difference between permanent life insurance solutions such as whole life and universal life insurance. Are there advantages to one over the other?

A scale weighing a piggy bank and a feather
A scale weighing a piggy bank and a feather

1For a succinct explanation of whole vs. universal life insurance, click here.

2For more information on changing a payment, click here.

3For more information on withdrawals, click here.


Policies are issued by Everly Life Insurance Company (“Everly Life”), Topeka, KS. Everly Life is not licensed in the state of New York and does not solicit or transact business in New York.

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