Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Variable Universal Life Insurance (VUL)'
A form of cash-value life insurance that offers both a death benefit and an investment feature. The premium amount is flexible and may be changed by the purchaser, though changes can impact the coverage amount. The investment feature can include \"sub-accounts