| What is universal life? |
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| Flexible
premium payments that affect the |
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| size of the cash
value build up |
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| Premium
is a contribution that is voluntary |
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| within certain
limits |
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| Contribution
is split between charge for term |
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| insurance and an
interest earning account |
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| Periodic
reports on term protection, |
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| management
expenses, and interest earned |
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| on cash value |
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