Are your clients worried about choosing between Guaranteed Universal Life or Indexed Universal Life products? Have no fear: Bridge Products are here!
While universal life policies are touted for having more “flexibility” than whole life, the timing of payments is still important for ensuring that the policy doesn’t come across any hitches. Changing up the premium pattern can be a dangerous game and might affect the integrity of the product being sold.
VUL primary guarantees can be thought of as nice additions for clients who are willing to take risk, training wheels for the less aggressive, but perhaps not substantial enough to meet the needs of conservative clients.