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Universal life insurance is a type of permanent life insurance that offers both a death benefit and a cash value component – the latter of which can grow over time.
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 provides lifelong protection with a cash value that grows through investments. Learn how this policy works and if it's right for you.
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.
Chart of a life insurance. 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 ...
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