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What is the difference between variable universal life (VUL) and variable life insurance?? 

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Variable universal life insurance (VUL) and variable life insurance have some differences. VUL allows for the death benefit to vary based on market volatility, while variable life insurance has a fixed death benefit . In VUL, the premium can change in proportion to the death benefit or remain fixed, whereas in variable life insurance, the premium is fixed . VUL also offers a way to pay the death benefit called "pay off increasing amount insurance" . In terms of structure, VUL combines a life insurance policy chassis with investment vehicles managed by an asset manager, while variable life insurance does not have this combination . VUL is selectively offered to clients by the asset manager, while variable life insurance is not mentioned to have this selective offering .

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The paper does not provide a direct answer to the query. The paper discusses variable universal life insurance (VUL) but does not specifically compare it to variable life insurance.
The paper does not provide information about the difference between variable universal life (VUL) and variable life insurance.
Open access
Smith, Mike, Cpf, Celia Ray Hayhoe 
01 May 2009
1 Citations
The provided paper does not contain information about the difference between variable universal life (VUL) and variable life insurance.
The paper does not provide a direct answer to the question about the difference between variable universal life (VUL) and variable life insurance.
The paper does not provide information about the difference between variable universal life (VUL) and variable life insurance.

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