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Friday, September 24, 2010

Universal Life [2]

I have extracted a few articles from the Internet about universal life and compiled them into a document. It shows  the key features of universal life. This type of policy is now quite popular in a few countries and may be introduced in Singapore. It is good to learn about the features of this policy, but consumers should be aware about the charges as shown in the benefit illustration (i.e.effect of deduction and distribution cost). If the charges are low, this type of policy can be suitable, as it has flexibility and pays an interest rate that is higher than bank deposits. Read www.tankinlian.com/latest.aspx.

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