VARIABLE UNIVERSAL LIFE

VARIABLE UNIVERSAL LIFE

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Variable universal life is policy which provides death benefit as well as investments feature. Premium given in this insurance is flexible according to the need of the consumers which tend to increase the rate of return.

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-Variable life insurance provides protection till the death of policyholder.

-This insurance is expensive.

-They allow policyholder to take part in different types of investment.

To remember

-Fixed asset is paid throughout.

-Option for coverage is for whole life.

-Benefit upon death is guarantee because the value is dependent on cash value.

-Cash component is not given.

-No cash withdrawal.

-Cash growth depend upon the performance of the investment made.

Policyholder can invest as well as make changes in policy according to their needs.

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