Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto
Jennifer Li
Opinion

Opinion

Across The Border by Jennifer Li

Unlisted insurers to be hit hard by clampdown on flexible, but ‘risky’, universal life products

Essentially current accounts offering a high rate of interest, insurers have been using cash generated from the products to invest in listed companies

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Universal life insurance products, for investment and life insurance purposes, offer guaranteed minimum rates of return for buyers. Photo: iStockphoto
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