View 10 Downside Of Variable Universal Life Insurance
Background. Universal life insurance is often compared to whole life insurance, a policy that also offers lifelong coverage, but is less expensive the downside is that if your cash value runs out, you can get stuck paying variable universal life insurance very similar to an indexed universal life insurance policy. Provides upside potential with downside protection for valuable life variable universal life.
That means the government will leave the beneficiaries alone should a payout occur.
Variable life insurance and vul both have a variable death benefit. Universal life insurance is often compared to whole life insurance, a policy that also offers lifelong coverage, but is less expensive the downside is that if your cash value runs out, you can get stuck paying variable universal life insurance very similar to an indexed universal life insurance policy. Universal life (ul) is a form of permanent life insurance, and is designed to provide protection for long periods of time, typically for the entire life of the person named as the insured in the policy. The only real downside to this is that if someone borrows.