How Universal Life Insurance Works (and Why I Think it can be Dangerous)
Overall I don’t sell Universal Life Insurance because of the different reasons stated in this video. However, there are a few places where – if managed properly – Universal Life can be a good tool. Specifically, with Premium Finance, Private Placement Life Insurance, and properly structured Corporate Sponsored Group Life, it can be a good option. These are all advanced strategies and should be sold only AFTER the client has established a good Money Maximization Model policy to form a strong base.