Some universal life plans have escalating costs of insurance charges that make the plan very expensive to continue in the later years. (insureye.com)
Cost of insurance charges tend to increase as a life insurance policyholder gets older. (insuranceopedia.com)
7 Withdrawals reduce the death benefit and cash value and thereby diminish the ability of the cash value to serve as a source of funding for cost of insurance charges, which increase as you age. (metlife.com)