How Much Does Variable Universal Life Insurance Cost? 
How much Variable Universal Life costs you depends on a number of factors , some are flexible , some are not . Universal life is a complex product that unbundles the components of a whole life policy to provide you with more control and flexibility . The basic building blocks are cost of insurance , expense charges and investment earnings . There are a number of death benefit options available which affect the cost of insurance . For example you can have a level death benefit or level insurance plus cash value . The cost of insurance can be annually increasing for life , annual increasing then paid up at 85 , level and a number of other options that vary by company . The expense portion of the premium is stated in the policy . Some expenses are fixed and guaranteed others are variable so you would need to refer to the policy for details . In Canada , the earnings inside a universal life policy are always expressed as interest . Some policies have 400 + investment options that , in addition to Guaranteed Interest , can mirror the performance -LRB- positive or negative -RRB- of a variety of mutual funds in a tax preferred environment . I say mirror , because you do not actually own units in the particular mutual fund , just the performance . In Canada , the total maximum premium to keep the policy exempt for accrual taxation is set by the government . This provides you with flexibility , it is important that you understand that if the the policy is underfunded it could go out of force . The policy needs to be managed . So how much does Variable Universal Life Cost ? It depends . An independent life insurance broker , representing several companies , can help you find the right policy at the right price . If you have further question , or feel tat I could be of assistance , please do not hesitate to contact me . 