Variable Universal Life Insurance
Like universal life insurance Variable Universal Life Insurance also builds cash value, and your money can be invested in a wide variety of investment vehicles. Snyder Insurance account managers can help you find the best options available to fit your needs.
The choice of accounts is entirely up to the policy holder. The “variable” in the name refers to your ability to invest in separate accounts, in which values vary, including stock and bond markets. Another key advantage of VUL over whole life insurance is that there is no endowment age.
Under whole life, the age at which the cash value equals the death benefit amount, typically age 100, does not apply.