Term Life Insurance or Unit Link?
Posted on November 1st, 2008 by admin
The new trend in life insurance business right now is unit link. At glance, it seems that taking unit link quote will gives us more benefit than single term life insurance. In fact, it is just financial illusion that makes it seems so. Unit link combines term life insurance and investment in one package payment. Yet, after a long complex calculation, I found out that the administration fee is amazingly huge. It is far more profitable if we take term life insurance quote than unit link.