____ 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

Question

Quizplus · Accepted Answer

Flexible premiums can be an advantage because the policyholder can adjust their payments to fit their financial situation. However, it can also be a disadvantage if the policyholder is not disciplined in making payments or if they reduce their payments too much, resulting in the policy lapsing or not providing sufficient coverage.

____ Can Be Both an Advantage and a Disadvantage of Universal