VUL in insurance refers to Variable Universal Life (VUL), a distinctive form of permanent life coverage that combines elements of flexible premiums, lifetime protection, and an investment component linked to financial markets. Over the years, VUL has attracted...
A VUL insurance policy, or Variable Universal Life insurance policy, provides permanent life coverage with a distinct twist: it allows policyholders to grow their cash value through market-linked sub-accounts. This blending of traditional life insurance protection and...