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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.
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 (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.
Universal life insurance offers permanent coverage with a unique twist—flexibility.
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.
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