[net.invest] Universal Life Insurance PROS-CONS

ducha@ihuxt.UUCP (D.K.Nguyen) (04/23/84)

Does anybody know the pros & cons of the Universal Life life insurance ?
A insurance salesman quoted me a "leveled" monthly payment of $92 for a
"Design/Life" insurance of $100K on me and $50K on my wife.  Over the
course of a year of the $1100 I pay in for insurance, $365 is put in a
sort-of saving account earning money-market rate.  The underwriter is a
Western Preferred company (United Fidelity Ins. or something), does
anyone know about their reputation.
If there are enough response, I'll post to the net for other interested
readers.

			Duc Nguyen
			ihnp4!ihuxt!ducha
			AT&T Bell Laboratories
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			Duc Kim Nguyen
			ihnp4!ihuxt!ducha
			AT&T Bell Laboratories