This digital document is an article from Journal of Risk and Insurance, published by American Risk and Insurance Association, Inc. on September 1, 1992. The length of the article is 2210 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: A universal life insurance policy is an unbundled version of the life insurance contract. In such a scheme, policy owners pay periodically into a fund from where mortality and expense charges are withdrawn. The expenditure for the death protection element is evaluated against insurance rates for renewable term policies. Although the analysis did not focus on the rate of return for universal life policies, the results indicate that death benefits could be obtained at lower costs from annual renewable term insurance.

Citation Details
Title: A comparison of term insurance rates to protection-related charges in universal life insurance.
Author: Richard B. Corbett
Publication: Journal of Risk and Insurance (Refereed)
Date: September 1, 1992
Publisher: American Risk and Insurance Association, Inc.
Volume: v59 Issue: n3 Page: p470(6)

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