VUL
Business & Finance abbreviation · Insurance
| Stands for | Variable universal life |
|---|---|
| Categories | Business & Finance |
VUL stands for Variable universal life, an insurance abbreviation.
Universal life policy whose cash value is invested in subaccounts similar to mutual funds, offering market growth potential but no guaranteed minimum return.
Example: Her VUL lost a third of its cash value in the bear market.
Usage notes
Because policyholders bear investment risk, VUL is a security sold with a prospectus by registered representatives.
Related abbreviations
More insurance abbreviations
- ACORD – Association for Cooperative Operations Research and Development
- ACV – Actual cash value
- AD&D – Accidental death and dismemberment insurance
- AI – Additional insured
- ALE – Additional living expenses
- AOP – All other perils
- BI – Bodily injury liability
- BOP – Business owner's policy
- CAR – Contractors' all risks insurance
- CAT – Catastrophe
- CDW – Collision damage waiver
- CGL – Commercial general liability