____ Can Be Both an Advantage and a Disadvantage of Universal

question 129

Multiple Choice

____ can be both an advantage and a disadvantage of universal life insurance.

• A)Flexible premiums
• B)Tax features
• C)High returns
• D)Unbundling
• E)Fixed returns

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Definitions:

Loanable Funds

The money available for borrowing in the financial markets, determined by the savings of households and income not used for consumption or taxes by businesses and governments.

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another.

Net Capital

The total value of a company’s or individual's assets minus liabilities, representing the owner's equity or net worth.

Desirable Investment

An investment opportunity deemed attractive due to factors like potential for high returns, stability, or alignment with the investor's financial goals and risk tolerance.