Subject to certain minimums,which life insurance is designed to let you pay premiums at any time in virtually any amount?

Question

Quizplus · Accepted Answer

Universal life insurance allows for flexibility in premium payments, as long as certain minimums are met. This means that you can pay premiums at any time and in virtually any amount, which is not the case with other types of life insurance such as whole life or ordinary life.

Subject to Certain Minimums,which Life Insurance Is Designed to Let