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	<title>New answer on: How Does Flexible Universal Life Insurance Work?</title>

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		<title>By: David Racich</title>

		<link>http://insurancelibrary.com/life-insurance/how-does-flexible-universal-life-insurance-work</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Sun, 30 Jun 2013 14:14:49 +0000</pubDate>

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		<description><![CDATA[Flexible Universal Life Insurance has four policy types: current assumption universal life, indexed universal life and variable universal life (VUL). (Guaranteed universal life in terms of flexibility doesn&#039;t fit the adjective in the question, which is why it’s omitted.) There are two sets of rates: current company practice and contractual guarantees. The cost of insurance, front end premium loads, policy fees, admin charges and the credited earnings (or losses, in the case of VUL.) These three may have flexibility of altering the premium and death benefit to contour with the financial changes of the policy owner.
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