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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.
Variable life insurance is an insurance product designed to provide a death benefit to your beneficiaries when you pass away. In addition to a death benefit, the policy offers a cash value ...
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 ...
Variable or indexed life insurance is a form of life insurance that has cash value linked to the performance of one or more investment accounts within the policy. Because of its investment features, insurance carriers in the United States typically register offerings of variable life insurance with federal and state securities regulators.
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.
Variable life. Lifetime. Builds cash value tied to investment performance. Typically no, unless specific refund features apply. High, with additional investment risk.
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