Every time I see a client with Universal or Whole Life policy statement that contains a large Cash Value, I get this feeling of regret.. A part of me regrets that I sold it.
Before 2008, I believed that the Cash Accumulation was in addition to the Death Benefit on Universal Life plans. After all, when the monthly cost of insurance (and admin) is subtracted from the premium, the remainder should be savings that are in addition to the death benefit. Financial common sense..right?
For example, a statement came in today on one of my Transamerica Life clients. (Was "Life Inv
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Before 2008, I believed that the Cash Accumulation was in addition to the Death Benefit on Universal Life plans. After all, when the monthly cost of insurance (and admin) is subtracted from the premium, the remainder should be savings that are in addition to the death benefit. Financial common sense..right?
For example, a statement came in today on one of my Transamerica Life clients. (Was "Life Inv
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