Type of Life Insurance
Now a days different type of insurance are available for purchase it is either travel insurance, car insurance, health insurance, life insurance and many more that could be beneficial to you and to your family. To choose from universal life insurance vs term insurance is somehow confusing which one will be more beneficial to you and to your family.
You should know that universal insurance cost more but it is more beneficial because the policy covers a longer period of time unlike term insurance it only provides coverage for a certain period of time so once the term in the policy is finished you will never benefit from it.