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2. Variable universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Variable_universal_life...

   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.

3. Universal life insurance - AOL

   www.aol.com/finance/universal-life-insurance...

   Indexed universal life (IUL), also known as equity-indexed universal life insurance, links your policy’s cash value growth to a stock market index, such as the S&P 500. While this offers the ...

4. How Variable Universal Life (VUL) Insurance Works - AOL

   www.aol.com/finance/variable-universal-life-vul...

   Variable universal life insurance is a type of permanent life insurance policy, like whole life insurance. The growth in a VUL’s cash value is tax-deferred, like growth in a health savings ...

5. Universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Universal_life_insurance

   Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.

6. Insurable interest - Wikipedia

   en.wikipedia.org/wiki/Insurable_interest

   Insurable interest refers to the right of property to be insured. [4] It may also mean the interest of a beneficiary of a life insurance policy to prove need for the proceeds, called the "insurable interest doctrine". [5] Insurable interest is no longer strictly an element of life insurance contracts under modern law.

7. What Is Insurable Interest in Life Insurance? - AOL

   www.aol.com/insurable-interest-life-insurance...

   In life insurance, insurable interest refers to what level of loss you’d experience should a specific person become incapacitated or die. It’s important because it helps prevent insurance fraud.