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What is the difference between variable life insurance and universal life?

Anonymous

∙ 16y ago

Updated: 9/13/2023

Nothing is the difference. Universal Life can be fixed or variable. Variable simply means that the cash value is invested in stocks or mutual funds to create a fast (sometimes slower) cash value. With a fixed Universal Life product, the cash value can be linked to an interest rate or an Index.

Wiki User

∙ 16y ago

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