Life Insurance Direct What Are The Pros And Cons Of Term Insurance | Page 13

Pro – The biggest advantage to having universal life insurance is the level to which a person has
control over it, permitting a great deal of investment and the ability to grow those premiums into
a healthy little nest egg.
Pro – It permits a person to have extra cash on hand, if they need it. With the cash component of
the coverage accessible to the owner of the policy, they are able to use it for a down payment on
a house or anything else they like.