Vul Life Insurance at Life

Vul Life Insurance. Variable universal life insurance (often shortened to vul) is a type of life insurance that builds a cash value. Variable universal life insurance (vul) for retirement.

Variable universal life insurance (vul) for retirement. It works like a traditional life policy except that it comes with a separate account for investment in the market. It also has a cash value component that grows with each premium payment and gains interest.

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In this circumstance, the person they were working with recommended that they fund a variable universal life insurance policy (vul) as a “personal deferred comp plan”. However, variable universal life (vul) insurance, which typically allows for flexible premiums , allows the policyholder to invest its. But if its more than that. Variable universal life insurance is great for people who want to use life insurance to maximize supplemental retirement income through cash distributions, benefiting from the tax advantage of investment growth in a life insurance.