Sonny Coltrane was told by a friend that universal life is the best policy. He will find that are:
What is life?
The term life is the process of birth to end. The life as divided into the different stages such as birth as child, kids, teenagers, adult, young, and adult. The person chose as whole life to spend in positively and negatively. A life in each stage to direct the person.
According to information provided to Sonny's acquaintance, universal life insurance offers the most adjustable premiums, tax-deferred savings, and a benefit at death that is not considered income.
As a result, the universal life is the best policy because not the taxation income, tax deferred savings and premiums flexibility.
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