EUREKONOMICS™ On Whole Life Insurance and Universal Life Insurance Fees

I recently received this question from Christine:
Hi Jeffrey,
I hear those whole life policys have huge fees, what are all the fees?
Here’s my initial answer…
Great question, Christine!
Unfortunately your question implies a common misunderstanding so lets clarify that issue first.  Clarifying things may be enough, but if it isn’t feel free to question or comment further.
Whole life insurance policies have [...]