New question in Life Insurance FAQ

Posted on August 27, 2010 and updated September 9, 2010 in Life Insurance Canada News, Life Insurance FAQ 1 min read

New question in Life Insurance FAQ:

What is Universal Life insurance?

Universal Life insurance is an unbundled form of Permanent Life insurance, which means the life insurance and the investment component are separate. Most insurance companies allow the insured to choose from a wide variety of investment options and the investments can grow on a tax-sheltered basis.

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