Here's the policy, where's the profit?

The article reports on the hesitance of insurance companies to sell the universal life insurance product which provides a high tax-free income as of April 1981. Topics covered include the advantages of universal life insurance for policy holders, the disadvantages of the same for the insurance industry, and the lobby with the Internal Revenue Service (IRS) to have the tax ruling on it changed. Also mentioned is the loss universal life insurance will bring to insurance agents.