Some Universal Life Holders Face a Conundrum
Posted: June 4, 2013
Some Universal Life Holders Face a Conundrum Many holders of universal-life insurance bought their policies years ago, at a time when interest rates were high. Today, many of these policyholders will have to pay more or face cancellation, according to news reports. To understand why, you have to understand that we're talking about permanent life insurance. Unlike term life insurance, this insurance type doesn't limit...
