variable universal life insurance

Definition of "variable universal life insurance"
  1. A whole life insurance policy that allows flexible payments and benefits with premiums invested in stocks, thereby offering greater financial potential but at a higher risk
How to use "variable universal life insurance" in a sentence
  1. She chose a variable universal life insurance policy to potentially make more money for her family.
  2. Due to the unstable market, he felt uneasy about his variable universal life insurance investment.
  3. Their financial advisor recommended variable universal life insurance for its flexible benefits and possible financial gains.

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