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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 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 universal life (VUL) policies combine the flexibility of universal life insurance with the investment options of mutual funds. Unlike indexed universal life, VUL allows policyholders to ...
Variable life insurance. Variable life insurance is a policy with a little more “investment power” built in. Here, your cash value isn’t just sitting in your cash value account; instead, it ...
A similar type of policy that was developed from universal life insurance is the variable universal life insurance policy (VUL). VUL lets the cash value be directed to a number of separate accounts that operate like mutual funds and can be invested in stock or bond investments with greater risk and potential growth.
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.
There are several types of universal life insurance policies, including interest-sensitive (also known as "traditional fixed universal life insurance"), variable universal life (VUL), guaranteed death benefit, and has equity-indexed universal life insurance. Universal life insurance policies have cash values. Paid-in premiums increase their ...
Variable universal life. These policies allow the insured to invest the cash value component in a variety of securities like stocks, bonds and mutual funds. This choice can potentially provide ...
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