Universal Life Insurance Explained - Good or Bad - What to know about these complicated policies

Have you gotten a letter that your universal life policy is going to lapse?
Thinking of buying an indexed universal life policy?

This short video discusses Universal Life insurance policies, including Indexed ULs. You'll understand the basics on how they work, why they sometimes fail, and what to consider BEFORE buying a new one or CANCELLING an old policy.

What is a Universal Life Policy?
Why do Universal Life Policies Fail?
How to learn more about an existing life insurance policy?
How does cash value work in a universal life policy?
What is my Universal Life policy lapsing?
What is difference between Term, Whole Life, and Universal Life?

[gabof]

"If designed and managed properly", I haven't seen the first one.

[Adu]

Nicely explained but loud background music is not at all required. It's quite distracting and annoying.

[jntj]

The background music is distracting AND unnecessary.