This is yet another key advantage of
VUL over Whole Life.
Not exact matches
VUL stands for Variable Universal
Life Insurance, which has been state of the art in whole life insurance for over two deca
Life Insurance, which has been state of the art in
whole life insurance for over two deca
life insurance for
over two decades.
The point remains, UL, IUL, and
VUL policies are riskier endeavors than
Whole Life — and for most bankers, they prefer security
over the potential extra gains.
The first major difference between a variable universal
life insurance policy and a
whole life insurance policy is that a
VUL policy builds cash value
over time, as opposed to a fixed payment.