A form of whole life insurance which combines some features of universal life insurance, such as premium and death benefit flexibility, with some features of variable life insurance, such as more investment choices. Variable universal life adds to the flexibility of universal life by allowing the holder to choose among investment vehicles for the savings portion of the account. The differences between this arrangement and investing individually are the tax advantages and fees that accompany the insurance policy.
Related information about variable universal life:
- Variable universal life insurance - Wikipedia, the free encyclopedia
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 ...
- Thinking twice about variable universal life - CNN Money
Aug 18, 2006 ... QUESTION: I'm single, in my 30s and I'm already maxing out my 401(k) and IRA account. My financial planner is recommending I purchase a ...
- Variable universal life: The pitch, the pitfalls - Feb. 5, 2007
Feb 5, 2007 ... Our adviser suggested we buy a variable universal life policy through him instead of my company's 401(k). Do you think this is a good move?
- Variable Universal Life: Flexibility at Its Best
The New York Life Variable Universal Life(VUL) insurance is a type of permanent life insurance that provides a death benefit in exchange for premium ...
- Variable Universal Life Insurance (VUL) Definition | Investopedia
A form of cash-value life insurance that offers both a death benefit and an investment feature. The premium amount for variable universal life insurance ( VUL) is ...
- Variable Vs. Variable Universal Life Insurance
Oct 3, 2010 ... Do you know why you might need one policy versus the other? Read on to find out.
- Variable Life Insurance: Is it worth it? - Consumer Federation of ...
life (WL), universal life (UL) or variable universal life (VUL). Cash value ... In this report, we direct our attention to flexible premium, variable universal life. (VUL).
- Variable Universal Life Insurance At Farmers Financial Solutions ...
Variable Universal life insurance offers life protection plus a variety of investment choices. Speak with a Farmers Insurance Financial services agent today.