Variable Universal Life Insurance - VUL

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Dictionary Says

Definition of 'Variable Universal Life Insurance - VUL'

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 flexible and may be changed by the consumer as needed, though these changes can result in a change in the coverage amount. The investment feature usually includes "sub-accounts," which function very similar to mutual funds and can provide exposure to stocks and bonds. This exposure offers the possibility of an increased rate of return over a normal universal life or permanent insurance policy.

Investopedia Says

Investopedia explains 'Variable Universal Life Insurance - VUL'

While variable universal life insurance offers increased flexibility and growth potential over a traditional cash-value whole life insurance policy, investors should be sure to compare this type of policy against a "buy term and invest the rest" strategy. Particular attention should be paid to the management fees of the variable investment options, as well as to whether or not an individual even needs life insurance coverage beyond a specific point in the future.

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'Variable Universal Life Insurance (VUL)'

  • Variable Vs. Variable Universal Life Insurance

    http://www.investopedia.com/articles/pf/07/variable_universal.asp
    ... (To find out more about the prospectus, see Don't Forget To Read The Prospectus!)
    Variable Universal Life (VUL) Insurance Variable Universal Life (VUL ...

  • A Multipurpose Future Planning Tool

    http://www.investopedia.com/articles/pf/07/variable-universal-life.asp
    ... All-In-One Features of VUL Variable universal life insurance has all of the same
    standard features as other cash-value life insurance policies. ...

  • Top 10 Life Insurance Myths

    http://www.investopedia.com/articles/pf/08/life-insurance-myths.asp
    ... Variable Universal Life Insurance to learn more about VUL policies and how they
    compare to other life insurance products.) Myth No.8: Only breadwinners need ...

  • Cut Your Tax Bill With Permanent Life Insurance

    http://www.investopedia.com/articles/pf/07/permanent_life_insurance_taxes.asp
    ... insurance. Some, such as universal life (UL), pay a fixed interest rate on the cash
    within the policy. Others, however, such as variable universal life (VUL), ...

  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths
    ... pay competitive interest rates, and variable universal life (VUL) policies contain
    several layers of fees relating to both the insurance and securities ...

  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/term-life.aspx
    ... pay competitive interest rates, and variable universal life (VUL) policies contain
    several layers of fees relating to both the insurance and securities ...

  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/single-with-no-dependents.aspx
    ... pay competitive interest rates, and variable universal life (VUL) policies contain
    several layers of fees relating to both the insurance and securities ...

  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/amount-of-coverage.aspx
    ... pay competitive interest rates, and variable universal life (VUL) policies contain
    several layers of fees relating to both the insurance and securities ...

  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/breadwinner-homemaker.aspx
    ... pay competitive interest rates, and variable universal life (VUL) policies contain
    several layers of fees relating to both the insurance and securities ...

  • Top 10 Insurance Myths Slideshow | Investopedia

    http://www.investopedia.com/slide-show/top-10-insurance-myths/deductible.aspx
    ... pay competitive interest rates, and variable universal life (VUL) policies contain
    several layers of fees relating to both the insurance and securities ...

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