Unfortunately for universal life policyholders, earnings in excess of basis are taxed as ordinary income rates. (gobankingrates.com)
What few noticed in those rosy early days was the fine print of what happens to universal life policyholders if the market does not do well. (investopedia.com)
Add in the current state of interest rates and you have a disaster in the making for universal life policyholders. (jrcinsurancegroup.com)