Anthony Steuer
1 Author Comments
This report can be used by consumers as well as advisors. Universal life is not simple and I tried to break it down in an understandable way which may not always work. The writing level can be viewed as somewhere between basic and technical in different places, that is my goal. This is information does not "talk down". There is something for everyone in each section and I hope that you find it useful.
Table of contents sample:
What is permanent life insurance?
Basics and Types of Universal Life Insurance
Advantages and disadvantages
Evaluating a universal life insurance policy
Discussion of policy illustrations
Monitoring a universal life policy- inforce illustrations/ledgers
Policy loans
Guide to annual statement
Selected cost comparison methods
Rate of Return
This report is 31 pages. Best. Tony
2 Not For Beginners
Wow. If this is "simple", I would certainly hate to see "difficult". Before reading this, I knew nothing about Universal Life Insurance and was curious. After reading it, I know very little about Universal Life Insurance and I'm frustrated. The author makes a sincere attempt at describing UL, I suppose, but this is a case of a professional whose years of experience with a product have made it difficult for him to communicate his knowledge in basic terms. Insurance professionals may find value here, but I don't think it's for the rest of us.
