variable universal life insurance
Definition
A life insurance policy that combines the features of variable life insurance and universal life insurance. A variable universal life insurance policy (VUL) will allow policy owners to provide life insurance benefits to their beneficiaries while at the same time using their life insurance as a savings and investment tool.
Related Articles
- Common Mistakes That People Make While Picking a Financial Advisor *
- Buying and Selling Investments *
- Budgeting and Saving, The Age-Old Dilemma *
- Car Insurance and the Different Types of Policies *
- Keoghs and Their Distribution Options *
- Life Insurance: Types of Policies and Provisions *
- An Economic View of Real Estate *
- Forex Trading: Which Style is Yours? *
Related Videos
http://www.businessdictionary.com/definition/variable-universal-life-insurance.html


