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Variable universal life insurance (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner.
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1884 became a landmark year as Sun Life Assurance Society issued more than 1000 policies for the first time. [15] In 1891, the company set up the Sun Life Assurance Company of India, with offices at 7 Council House Street, Calcutta, and a local Board of Directors. Harris Saunders was the Actuary and General Manager.
Sun Life Financial Inc. is a Canadian financial services company. It is primarily known as a life insurance company. Sun Life has a presence in investment management with over CAD$1.3 [4] trillion in assets under management operating in a number of countries. [5] Sun Life ranks number 235 on the Forbes Global 2000 list for 2022.
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To register the offering, carriers typically need to provide some level of detail of the investment selections within the policy. Without knowing the specifics of each potential client's investment profile, carriers often settle for registering a uniform offering that includes a selection of mutual funds as investment options within the policy.
The Sun Life Assurance Society was a life insurance offshoot, founded in 1810, of the Sun Fire Office. [2] The Head Office moved to Bristol in 1976. [ 3 ] UAP acquired 50% of the Sun Life Assurance Society in 1992.
The Insular Life Assurance Company, Ltd. (commonly known by its trade name, Insular Life, and shortened as InLife) is a mutual life insurance company in the Philippines. Established on November 25, 1910 in Manila , it is the first Filipino life insurance company.