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    Universal (80s) vs variable life insurance (90s)

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    Why was universal life insurance popular in the 1980s? What made variable life insurance popular in the 1990s?

    © BrainMass Inc. brainmass.com November 30, 2021, 2:34 am ad1c9bdddf

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    Universal life insurance was a flexible species of "whole life", which includes two separate financial services: life ...

    Solution Summary

    This posting explains the the difference between universal life insurance and variable life insurance and also why the two were popular in the 80s and the 90s respectively, in a short answer.