150 Types of Unusual Investments – The List

139. Universal Life Insurance Side Accounts – universal life insurance will typically include an investment account in addition to the death benefit.

The investment account might have an interest rate which is guaranteed by the insurance company.

While American tax law limits the amount that can go in, savvy Canadian investors took advantage of no such limit either by tax law or the insurance contract itself to invest vast sums of their money and the money of outside investors into the side accounts at interest rates that were well above market.