What is Universal Life Insurance?

什么是万能寿险？

Universal life insurance is a form of permanent life insurance offering the low-cost protection of term life insurance as well as a savings element (like whole life insurance) which is invested to provide a cash value buildup. The death benefit, savings element and premiums can be reviewed and altered you as your circumstances change. In addition, unlike whole life insurance, universal life insurance allows you to use the interest from your accumulated savings to help pay premiums.

万能寿险是一种永久性寿险，它结合了定期寿险的低成本保护和终身寿险的储蓄元素，旨在提供现金价值的积累。您可以根据自身情况调整死亡赔偿金、储蓄部分和保费。此外，与终身寿险不同，万能寿险允许您使用累积储蓄的利息来帮助支付保费。

Premiums, which are variable, are broken down by the insurance company into insurance and savings, allowing you to make adjustments based on your circumstances. For example, if the savings portion is earning a low return, it can be used instead of external funds to pay the premiums. Unlike whole life insurance, universal life allows the cash value of investments to grow at a variable rate that is adjusted monthly.

保费是可变的，保险公司会将其分为保险部分和储蓄部分，这样您可以根据自身情况进行调整。例如，如果储蓄部分的回报率较低，您可以使用这部分资金而不是外部资金来支付保费。与终身寿险不同，万能寿险的现金价值投资可以以可变利率增长，每月进行调整。