General UL Questions

I notice UL seems to be the hot new product, particularly, IUL. I am also aware that many people who bought UL policies in the 80's when interest rates were high are now having their policies expire due to them only paying the guaranteed premiums.

With that being said, why would anyone want a UL policy, especially because it becomes more expensive each year with its ART/YRT component. How are today's super low interest rates UL policies?
Source of insurance-forums.net

Comments