Universal life is a permanent life insurance product that never expires, with cash value and the flexibility to change the death benefit. It's a great option for buyers who want more options to plan for the future.
Smokers pay significantly higher life insurance premiums compared to non-smokers, even when comparable non-smokers are in worse health. Some life insurers are more forgiving than others.
Auto insurance companies may have to complete an SR-22 for drivers with a history of uninsured driving, DUIs, or major accidents. If the state requires this form from you, expect auto insurance rates to spike.
Gap insurance covers part or all of your loan if you're underwater on a financed vehicle. It is not a standalone product, and buyers are required to carry collision and comprehensive coverage.