0
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.
What else can I help you with?
What is the primary difference between universal life and variable universal life?
The primary difference is how the cash value is invested. Variable universal life means it is invested in stocks and mutual funds and a "fixed" universal life is usually dependent on interest rates. Both carry high risk, but a fixed universal life policy gives you a guarantee that it will not go below a certain interest rate, while variable universal policies usually do not.
The difference between fixed and variable inputs?
difference between fixed and variable inputs
Difference between variable resistor and rheostat?
The difference between a variable resistor and a rheostat is the same as the difference between six and half a dozen.
What the difference between a variable and control?
The difference between a controlled variable and a variable is in their state. A controlled variable is something which is rigid and constant while a variable is liable to change and inconsistent.
What is the difference between a term life insurance and an universal life insurance?
A term life insurance policy is a basic protection that covers expenses in case of an accidental death, it will sometimes cover debilitating injuries, but only briefly. A universal insurance policy covers a wider category and can sometimes be cashed in.
WAP to show the difference between a variable and static variable?
difference between constant and static variables in java
What is the difference between a variable being tested and a variable being controlled?
The difference between these both is that the control is what stays the same in an experiment and the variable is what changes.
What is one difference between a variable and a numerical expression?
The variable.
What is the difference between variable life insurance and traditional life insurance?
Variable is a scurity and has risk. Whole life is all guaranteed. If you are considering between the two you should be sitting down with an agent that is a Registered Rep and licensed to sell securities! This is never something that should be done on your own or over the internet!
What is the difference between fix and variable mortgages?
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
What is the difference between motor insurance and marine insurance?
difference of motor and marine insurance
In oops what is the difference between class variable and variable?
Class Variable is a subset of Variables.
