09/05/2023
𝗩𝗨𝗟'𝘀 𝗙𝘂𝗻𝗱 𝗩𝗮𝗹𝘂𝗲
VUL's fund value is the monetary value of your investment. The fund value increases over time as the investments grow and earn returns.
🌱A portion of the premiums paid by the policyholder is allocated towards investments chosen by the insurance company.
🌱The policyholder can choose to withdraw a part of their fund value for emergency purposes or surrender the policy and receive the current fund value.
🌱The fund value can also be used to pay the premiums for the policy. The value of the fund can fluctuate based on the performance of the investments and the costs associated with managing the policy, so it's important for policyholders to understand the terms and conditions of their insurance policy.