Life Insurance Direct What Are The Pros And Cons Of Term Insurance | Page 16

Con – Meeting the basics really only meets the minimums for the premiums which means that if
the policy is never given more than the most basic payments, then it never has the chance to
accrue any major growth in cash value.
Overall, universal life insurance is a good bet for those who like control over their plan and tend
to be risk-takers. Those who want stability in their plan should probably look for something else.