ePrivacy and GPDR Cookie Consent by Cookie Consent Get 10 Overfunded Variable Universal Life Insurance Pictures - Penny Matrix

Get 10 Overfunded Variable Universal Life Insurance Pictures

Get 10 Overfunded Variable Universal Life Insurance
Pictures
. Properly structured, an overfunded index universal life policy would be an incredible solution for someone at your age and income level. Variable universal life insurance (often shortened to vul) is a type of life insurance that builds a cash value.

Variable Universal Life Insurance I Ameritas Advisors
Variable Universal Life Insurance I Ameritas Advisors from www.ameritasdirect.com
The important thing about this instrument is that the death benefits and value of the investments can fluctuate with the market and with the insured's wishes. See how variable life insurance policies compare to whole life insurance and variable annuities. Instead, it has a set amount of expenses (we call them monthly deduction in the insurance world) that must be paid each month or else the policy will lapse.

A variable universal life policy can give you the same kind of lifetime protection and payment flexibility as a standard policy with more investment options:

Variable and universal life insurance are both permanent life insurance policies that pay a death benefit and accrue a cash value that can be used for investing. In a vul, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds. Variable universal life insurance is a life insurance policy that builds cash value. It's also known as variable universal life.