Is Universal Life (UL) insurance a savvy financial strategy or a complex gamble? In this episode, we break down the mechanics of this popular cash value policy, which separates itself from traditional whole life insurance by offering flexible premiums and adjustable death benefits. We explore how high-net-worth individuals and business owners utilize UL not just for death benefits, but for "living benefits"—using the policy as a tax-advantaged vehicle for retirement income, estate liquidity, and business succession.

Tune in as we discuss:

• The Mechanics: How UL shifts risk to the policy owner and why the cost of insurance (COI) is deducted monthly regardless of premium payments.

• The Strategy: How to leverage loans and withdrawals for tax-free income and the role of Indexed (IUL) and Variable  ...