Universal Life is Easy to Understand
.... I still feel conceptually that Universal Life is:
- much easier to explain,
- it is much easier for the consumer to understand,
- and I believe it will prove to be much easier to administer if for no other reason than you do not have to reissue every time there is a premium change.
-- MR. CARPENTER
1979 - FUTURE TRENDS AND CURRENT DEVELOPMENTS IN INDIVIDUAL LIFE PRODUCTS, Society of Actuaries - 24p - rsa79v5n44