This is a can of ready-to-go dulce de leche, but Iâve always thought it was cool that you can pretty much make this yourself by simmering cans of sweetened condensed milk! Itâs nice if youâre stuck in Antarctica and need dulce de leche but canât find any in your local supermarket.
Using either simply to reduce premiums is foolish, and could prove to be very dangerous. A self-insured retention means that the insured carries a fixed amount of risk, including adjusting and legal expenses. The insurance policy, whether a primary or umbrella contract, is excess coverage above the SIR.
It takes the form of universal life policies sold with âsecondaryâ or âno. lapseâ guarantees. Universal life policies will normally expire (âlapseâ) if the cash or account value. dwindles to the point that it is insufficient to cover a policyâs ongoing charges for insurance and. expense costs. With the no-lapse feature or âsecondary guarantee,â the policies promise to stay in.