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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.

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4. Universal Life Insurance: Benefits, Drawbacks & Costs ... - AOL

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

   Universal life insurance offers several key benefits, making it a potentially attractive option for those seeking a life insurance product. The main pros include flexibility, cash value growth ...

5. Universal life insurance - AOL

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

   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 ...

6. Talk:Variable universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Talk:Variable_universal...

   A life insurance-licensed representative is not required to hold a mutual fund license or securities license in order to sell this product. Also, the article implies that a VUL is a security. This is also incorrect - it is a life insurance policy and is governed as such under the Insurance Act, regardless of the nature of the underlying holdings.

7. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   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 ...