But if you've spent your life ignoring the need to insure it, well, there's a good chance you have no idea what type of policy you buy. (supermoney.com)
What they'll be able to use their whole life insurance policy for will vary depending on the size and type of policy you buy for them. (massmutual.com)
This page: Explains how universal life insurance works Outlines the pros and cons of universal coverage Makes clear who should buy this type of policy (insuranceindepth.com)