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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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Journal Article•DOI Life Insurance as a Retirement Income Tool Russell DeLibero, Wade Donald Pfau - Show less +1 more 23 Sep 2017-Social Science Research Network 1 Citations	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.
Open access•Posted Content Life Insurance in Retirement Planning Ben G. Baldwin 28 Feb 2003-Social Science Research Network 1 Citations	The paper does not provide information about the difference between variable universal life (VUL) and variable life insurance.
Open access Life Insurance. Variable Universal-Life Insurance Smith, Mike, Cpf, Celia Ray Hayhoe - Show less +1 more 01 May 2009 1 Citations	The provided paper does not contain information about the difference between variable universal life (VUL) and variable life insurance.
Patent Methods of offering and providing a variable life insurance product Paul F. Berlin, Theresa Cordo, Michael C. Dipiazza, Pamela Duffy, Richard M. Weber - Show less +4 more 11 Nov 2009 37 Citations	The paper does not provide a direct answer to the question about the difference between variable universal life (VUL) and variable life insurance.
Open access•DOI Analysis of the Variable Life Insurance Based on Log-Normal Distribution Shiqi Dong, Shan Pang - Show less +1 more 02 Sep 2015 1 Citations	The paper does not provide information about the difference between variable universal life (VUL) and variable life insurance.

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