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universal-life

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According to Federal Reserve survey data, about 31% of the highest-earning U.S. families owned whole-life or universal-life insurance as of 2010, the latest year for which figures are available.

From The Wall Street Journal Nov. 17, 2012

For some savers, their existing universal-life insurance policies, which rise without incurring taxes, are working out just fine.

From The Wall Street Journal Nov. 17, 2012

In contrast, many universal-life buyers pay flexible premiums and sometimes use returns on the cash-value account to pay for the policy's future costs.

From The Wall Street Journal Nov. 17, 2012

In the mid to late 1980s, universal-life insurance policies generated at least one-fourth of all life-insurance premiums, according to Limra, an industry-funded insurance research firm.

From The Wall Street Journal Nov. 17, 2012

For that reason, term-insurance premiums may be only 20% of what customers pay for the more common whole-life and universal-life policies, which still make up about 89% of the U.S. market.

From Time Magazine Archive

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