Variable UL

Question 1

How are variable ULs different from regular ULs?

Answer 1

• Assets are in a general account for ULs whereas for VULs, they are in a separate account
• Cash values for ULs are determined via crediting rates, whereas VUL’s is determined by separate account performance
• ULs guarantee cash values, but VULs do not
• VUL sales are more regulated and therefore limited