Variable universal life insurance also enables you to vary premium payments and also the benefit amount, within limits. You’ll generally have to actively manage this sort of policy because you’ll opt for sub-accounts for your cash value investments. You’ll even be ready to choose a set rate of interest option for cash value.
Having variable universal insurance means that you've got a possible permanent return on your cash value and you have got a particular level of control over your investments. However, your cash value could also tank only on the condition that the investment options. Also, these policies tend to have higher fees than other universal life policies and offer a lot of complexity.
