Hey TonyaS, If you are excited about a cash value policy now just wait till you have 10-15 years under your belt. One thing though. UL policies have an increasing mortality cost. That is why if the dividend drops...much like in these last few years...you will see that the policy will take money out of the cash value to pay for the increasing mortality charge. You will see that it even goes to 0. For your age you should look at a Traditional Whole Life policy. These have level mortality charges and are guarenteed to have an increase in your Cash Value everyday of your life and will be inforce when you die.

I am 20 years old and have had my life insurance policy with AMFAM for two years. I chose to buy the universal policy instead of the term because of my age. My policy builds up cash value so when I want to buy a house I can pull money out of my life insurance. It is the best investment I have made thus far in my life, and it's very much worth it. I fit under the guidelines so that I didn't even have to take a blood test or have an exam, only a saliva sample. I have a very good rate that I pay monthly and so far the cash value is building up more and more! I would recommend life insurance to anyone, especially young people!