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| many variable universal life policies have what for sales commissions and expenses, typically ranging from 5 to 11%? |
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| variable universal policies purchased from agents typically ave back-end |
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| usually exceeds the first-year premium and declines to zero over a 10- to 20-year period |
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| many variable universal policies have surrender charges that are level for the first five years, and then |
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| have state premium taxes that vary by state and federal taxes average about 3% of premiums |
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| variable universal policies |
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| in variable universal policies, deductions from the separate accounts are made daily for |
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| investment management fees |
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| the variable universal life insurer guarantees the death benefit even thought the stock market and other markets are |
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| in what type of insurance is there a monthly deduction for the cost of insurance? |
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| variable universal policies |
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| do determine the insurance charge to be deducted in universal life policies, the applicable mortality rate is multiplied by the |
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| is a risky type of life insurance to own |
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| in variable universal policies, there is a substanital investment risk that falls entirely on the |
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