____ 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 it allows policyholders to adjust their premiums and death benefits according to their changing financial circumstances. However, it can also be a disadvantage as missed or lower payments can lead to a reduction in coverage and an increase in fees.

____ Can Be Both an Advantage and a Disadvantage of Universal