Bruce Cameron | Why you should stay away from 'universal' life products | Fin24 - Find all the latest news, Breaking News, Top Headlines about Africa | Africantimes

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Saturday, 23 October 2021

Bruce Cameron | Why you should stay away from 'universal' life products | Fin24

Universal life products see the total premium paying for both the risk assurance (death and disability) policy and an endowment (savings) policy as one unit - but the customer's savings can be raided to cover increasing risk premiums. Heads the insurance industry wins, tails you lose, says Bruce Cameron.


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