Universal Life Insurance generally has two components: an insurance component and an investment component. When a UL policy is “overfundedâ€, it means that money over and above what is needed to pay for the insurance premiums gets …
Universal Life Insurance generally has two components: an insurance component and an investment component. When a UL policy is “overfundedâ€, it means that money over and above what is needed to pay for the insurance premiums gets …
Continue here: The TFSA May Put A Dent Into Life Insurance Sales