Variable Unit Link (VUL)
A Life Insurance policy with an investment component, while providing flexible coverage options.
Key Features
- Provides lifelong coverage with portion of premium goes to investment.
- Premiums and death benefits can vary based on investment performance.
- Portion of premium is invested in various investment funds (e.g., stocks, bonds).
- For Regular Pay VUL, the investment portion is intended to pay future premiums.
Suitable For
- Individuals seeking insurance coverage with an investment component.
- Individuals who may want to increase or decrease insurance coverage later on.
- Young professionals who want to have an investment portfolio as a side benefit.
Information/Documents needed for Variable Unit Link (VUL)
- Photo of Valid Government-Issued ID
- Name
- Contact Information and Email Address
- Residence Address
- Name and Details of Beneficiaries
- Risk Profile Questionnaire
- Preferred Coverage