Kevin needs permanent insurance He has been considering a universal life policy to also help build up an investment for his retirement He's deciding between YRT and LCOI cost structures, and he's particularly interested in maximizing the policy's investment account What would you advise Kevin A YRT and LCOI impact the death benefit amount but not the cost of insurance B LCOI is more appropriate for an aggressive investor wanting to accumulate greater cash value within the policy C UL with the YRT mortality costing option is not considered permanent insurance D YRT allows for a quicker buildup of cash value in the early years

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Question: Kevin needs permanent insurance. He has been considering a universal life policy to also help build up an investment for his retirement. He's deciding between

Kevin needs permanent insurance. He has been considering a universal life policy to also help build up an investment for his retirement. He's deciding between YRT and LCOI cost structures, and he's particularly interested in maximizing the policy's investment account. What would you advise Kevin?

YRT and LCOI impact the death benefit amount but not the cost of insurance.

LCOI is more appropriate for an aggressive investor wanting to accumulate greater cash value within the policy.

UL with the YRT mortality costing option is not considered permanent insurance.

YRT allows for a quicker buildup of cash value in the early years.

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