The big difference between term life insurance and universal life insurance is that universal life is a permanent policy. (insuranceblogbychris.com)
However, when you are considering which product is right for you it is important to understand the similarities and differences between term vs permanent life insurance. (termlife2go.com)
The big difference between a term life insurance policy and a permanent life policy is that the permanent policy has a cash value accumulation feature. (termlifeinsurancemales.com)