What type of interest rates are offered by the Universal Life insurance policy?

The universal life insurance policy offers different interest rates for different policies. The two types of interest rates that are commonly used are the guaranteed and current. The fixed and variable as well as the minimum and target are different aspects that do not relate to the insurance rate.

The rate determines the value of money you deposit as well as your insurance claim. This helps people secure their property and their future. Often people opt for the insurance of objects such as vehicles to secure their investment. Yes, it does cost at the start but it is beneficial in the long run.