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Universal Life
A type of flexible permanent life insurance that offers the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.
Policyholder's Perspective
Insights or considerations from the viewpoint of an individual or entity that owns an insurance policy.
Fiduciary Responsibility
A legal obligation requiring an individual or organization to act in the best interest of another party, typically in financial matters.
Prudent Investor Rule
Prudent Investor Rule is a legal guideline for fiduciaries that mandates investment strategies should be made as a prudent investor would, considering risk, return, diversification, and the objectives of the trust or beneficiary.
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