Universal Life Insurance
June 24th, 2010
This is a short video briefly explaining Universal Life Insurance and how it works.
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Yes you could spend a day on discussing this complex web called ‘Universal Life’ but why bother? Just buy term and invest into mutual funds. See? Easy eh?
Buying term and investing the difference is nonsense and then you are trying to sell the worst insurance product on the planet which does exactly that but with a GIC? So I guess as long as people buy with the insurance industry and invest it into something which will make them poor, the main thing is that the agent will profit greatly from it. That’s all that counts. Right?