a. Explain the basic characteristics of universal life policies. b. Explain the limitations of universal life insurance.

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a. Explain the basic characteristics of universal life policies.
b. Explain the limitations of universal life insurance.
c. Compare and contrast the following features of universal life and indexed universal life: minimum interest guarantees, source of credited interest, limitations on credited interest.

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Principles Of Risk Management And Insurance

ISBN: 0135180864

14th Global Edition

Authors: George E. Rejda, Michael McNamara

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