The Evolution Of Variable And Indexed Life
September 7, 2022 by Sean Wickersham
There is no such thing as a one-size-fits-all product. Every client has individual needs that can typically be addressed by myriad options. Of all the options out there, one of the more versatile, especially in the insurance space, has to be variable universal life (VUL).
VUL has had an interesting ride since it first rose to prominence in the 90s. Initially, many people sold the policies as a “cheaper” insurance policy, designed to be minimally funded, all while being illustrated at 12-15 percent.