answersLogoWhite

0


Best Answer

1980

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What year did the concept of Universal life insurance begin?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does Spectra Life Insurance differ from Universal Life Insurance?

Universal Life Insurance is the one type of life insurance. This is a flexible version of life insurance where you get the savings element of whole life. Universal Life Insurance policies is the combination of death benefits with a savings component or cash value that is reinvested and tax deferred.


How does one go about purchasing a Universal life insurance?

Universal life insurance is a form of life insurance, a policy used to provide a family with money after the death of the one getting the insurance. Universal life insurance can be purchased from many of the leading life insurance companies, including Nationwide and American Family.


How does a Universal Life Insurance Policy work?

Universal Life Insurance Policies work by giving death benefits when one dies. Unlike other life insurance policies, universal life insurance policies generate interest over time.


What has the author Jeanne G Thomas written?

Jeanne G. Thomas has written: 'Universal life insurance' -- subject(s): Life Insurance, Universal life insurance


What exactly is universal life insurance?

It is a cashed based, permanent life insurance. You earn interest based on stocks or bonds. There is a savings element involved with universal life insurance. It is more flexible than standard life insurance.


Do you need universal life insurance?

Universal life is a tool just like whole life and term. They all have their place, but not everyone need universal or term insurance. It depends on what your goals and fears are.