Insurance > Massachusetts > Life / Health

Variable Universal Life

Overview

Variable universal life insurance (VUL) combines the investment opportunities of variable whole life with the flexibility of universal life. This course covers VUL’s foundations, functions, funding, and suitability for clients, detailing its flexible premiums, adjustable coverage, and death benefit options.

Summary Details

Hours

3.0

Price

$14.95







Learning Objectives

  • Describe how variable life insurance developed and its defining characteristics, such as fixed minimum death benefits and fixed premiums
  • Know the factors that contributed to the development of VUL and describes characteristics of VUL that differentiate it from other forms of life insurance
  • Review a checklist for clients interested in VUL to note their suitability characteristics


Designed For:

Life and health insurance producers and finance professionals



Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: 12712
Last Reviewed: February 2024
Study Level: Intermediate
Approved For: Life / Health

Exam

Proctor: Yes
Passing Grade: 70
Questions: 20



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