InsuranceAgents.com discusses variable universal life insurance, which combines benefits and features generally associated with varying life insurance policies.
Columbus, OH (1888PressRelease) November 27, 2009 - Looking for the right life insurance policy but don’t know which kind to pick from the broad range of policies out there? A newly released InsuranceAgents.com article shines a light on variable universal life insurance policies, a policy that blends the benefits of two different types of life insurance—variable life and universal life—into one.
A variable life insurance policy offers policyholders the ability to pay flexible premiums and modify the death benefit. A variable universal life insurance policy provides the wiggle room and control that other policies may lack.
“A mix of variable life and universal life insurance, a variable universal policy offers its policyholders flexible premiums and a modifiable death benefit. The amount you receive from a death benefit increases or decreases depending on the success of the investment you choose. With the right investment, however, you can generate significant cash value with a variable universal life insurance policy,” according to the article.
While there may be many pros to a variable universal life insurance policy—flexible premiums and death benefits, opportunity to gain a higher cash value, and ability to take out or borrow money from policy during one’s lifetime—there are also several disadvantages to the plan.
The disadvantages of a variable universal life insurance policy include:
• Compared to other types of permanent life insurance, variable life insurance is one of the most expensive
• In order to get the most out of the policy, the holder needs to have an understanding of bonds, securities and stocks
• The policy’s success depends on the investment and if it fails, so will the policy
If a consumer wants to invest in this policy but get an affordable rate, then experts suggest investing as soon as possible. The earlier one invests in a life insurance policy—particularly a variable universal life insurance policy—the cheaper it will cost.
As always, though, before investing in a life insurance policy, consumers should always consult a licensed life insurance agent to make sure they are making the right choice. And to receive free life insurance quotes and compare policies, visit InsuranceAgents.com.
InsuranceAgents.com discusses variable universal life insurance, which combines benefits and features generally associated with varying life insurance policies. 
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