Why did universal life insurance become popular in the 1980s? What explains the popularity of variable life

Question:

Why did universal life insurance become popular in the 1980s? What explains the popularity of variable life insurance in the 1990s?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Institutions, Markets and Money

ISBN: 978-1119330363

12th edition

Authors: David S. Kidwell, David W. Blackwell, David A. Whidbee, Richard W. Sias

See More Books

Question Posted: Sep 29, 2018 01:39 PM

See More Questions

Group term life insurance and group universal life insurance have different characteristics and objectives. Compare (1) group term insurance with (2) group universal life insurance with respect to...
Write responses to this discussion regarding "Universal life insurance". Universal life insurance policies offer competitive investment features and the flexibility to meet changing consumer needs....
(a) If Victor cashes in his policy, what options would he have when receiving the cash value? (b) Determine what the $16,000 in cash value in Victors life insurance policy would be worth in 20years...
The methyl alcohol flowing in the inner pipe of a double pipe exchanger is cooled with water flowing in the jacket. The inner pipe is made from 1-inch (25mm) schedule 40 steel pipe. The thermal...
Rosa contributes $50,000 to Flip-Co in exchange for a 10% ownership interest. Rosa materially participates in Flip-Co's business. Flip-Co incurs a loss of $900,000 for the current tax year. Entity...
Elizabeth Pie Company has been in business for 50 years and has developed a large group of loyal restaurant customers. Giant Bakery Inc. has made an offer to buy Elizabeth Pie Company for $5,000,000....
Distinguish between formulating statistical conclusions about the population and determining the reliability of the control being tested.
Data related to the expected sales of laptops and tablet PCs for Tech Products Inc. for the current year, which is typical of recent years, are as follows: The estimated fixed costs for the current...
From the module, "The clearly established relationship between blood alcohol and accidents has led to most jurisdictions adopting the so-called per se law in which a blood alcohol over a stated level...
South Sea Baubles has the following (incomplete) balance sheet and income statement. BALANCE SHEET AT END OF YEAR (Figures in 5 millions) 2022 Liabilities and Shareholders' Equity $ 240 Current...
Term insurance becomes cost prohibitive for older in dividuals. However, the same insurance companies that do not offer term policies at advanced ages sell whole life insurance. How are these...
Why are annuities and life insurance often described as opposites? If they are opposites, when why do insurance companies marketing life insurance also commonly market life annuities?
Using net present value, a project is rejected if it is a. equal to zero. b. positive. c. negative. d. less than the hurdle rate. e. greater than the cost of capital.
How does Chinua Achebe subvert colonial narratives and challenge Western representations of Africa in "Things Fall Apart," especially through his portrayal of Igbo culture and the consequences of...
Please read the excerpts and summarize the court's opinion in the form of a case brief. Your brief must include the following sections: (1) Case Name and Citation [listed above]; (2) Facts; (3)...
The Cabin Cruise Company (CCC) is currently making batches of ship cabins for a cruise ship. Each batch contains 14 cabins. Ship cabins are prefabricated at the manufacturing plant and are installed...
The following balance sheet for the Los Gatos Corporation was prepared by a recently hired accountant. In reviewing the statement you notice several errors. Cash Accounts receivable Inventory...
Evaluate tan(420) without calculator
In problem, the function f is one-to-one. Find its inverse and check your answer. Graph f, f -1 , and y = x on the same coordinate axes. f(x) = -3/x
Eleni Cabinet Company sold 2,200 cabinets during 2011 at $160 per cabinet. Its beginning inventory on January 1 was 130 cabinets at $56. Purchases made during the year were as follows: February . 225...
What is a difference between Bitcoin and Ethereum?
What are the risks associated with DLT?
What is fiat currency? Is Bitcoin a fiat currency?
Wile E. Coyote has a plan to drop an anvil on the roadrunner. He is standing on a cliff 26.2 m above the ground where the roadrunner will run past. If the roadrunner runs at a constant 9.2 m/s. If...
Elouise calculates the price/earnings ratio for the two companies listed below as follows: Will Corp Kunze Corp Price/Earnings Ratio 15.50 29.06 Based on these ratios, which company is expected to...
Texas is big, and Texas is important. Big in the sense of size(second only to Alaska) and population (second only to California).And our problems are big: public education, public health,pollution,...

Why did universal life insurance become popular in the 1980s? What explains the popularity of variable life

Question:

Step by Step Answer:

Universal life is another name for whole life insurance wh...View the full answer

Financial Institutions, Markets and Money

Students also viewed these Business questions