How Foam Rubber Is Made. The differences between foam and sponge rubber begin with ingredients and end with molecular structure. Foam rubbers use a blowing agent, typically a gas or a chemical that produces a gas, to create a mass of small bubbles in a liquid mixture.
Financial advisers working with indexed universal life insurance are finding themselves in the middle of a heated battle between state regulators and the life insurance industry. In an otherwise sleepy corner of the product market, indexed universal life insurance has been a stand-out seller.
Universal life is a continuation of the same insurance principles, only the packaging is truly different. But remember, it's still life insurance. Universal Life is a flexible premium product. Except for the first year, (in some cases two) no minimum annual premium must be paid by the policyowner to keep the policy in force. The premium is the amount paid by the insured for that year. Different amounts can be paid into this policy each year.