Nothing is the difference. Universal Life can be fixed or variable. Variable simply means that the cash value is invested in stocks or mutual funds to create a fast (sometimes slower) cash value. With a fixed Universal Life product, the cash value can be linked to an interest rate or an Index.
Whole life insurance is less flexible then universal life insurance when it comes to premiums and payouts.
The primary difference is how the cash value is invested. Variable universal life means it is invested in stocks and mutual funds and a "fixed" universal life is usually dependent on interest rates. Both carry high risk, but a fixed universal life policy gives you a guarantee that it will not go below a certain interest rate, while variable universal policies usually do not.
Variable plays the market like a Mutual fund. And universal life sits still and gains interest without the market investment.
what is the difference between a variable and a control
difference between fixed and variable inputs
The difference between a variable resistor and a rheostat is the same as the difference between six and half a dozen.
The difference between a controlled variable and a variable is in their state. A controlled variable is something which is rigid and constant while a variable is liable to change and inconsistent.
difference between constant and static variables in java
The difference between these both is that the control is what stays the same in an experiment and the variable is what changes.
A term life insurance policy is a basic protection that covers expenses in case of an accidental death, it will sometimes cover debilitating injuries, but only briefly. A universal insurance policy covers a wider category and can sometimes be cashed in.
They are the same.
difference of motor and marine insurance
Class Variable is a subset of Variables.
The difference between fixed and variable mortgages are that in a fixed mortgage, the rate can not change. In a variable mortgage, the rate changes with time.
a variable changes a rule doesn't.
What is the difference between voluntary life insurance and life, ad/d?
there is 1 hour difference between them
The difference between a variable and a control is that a variable can change during an experiment and a control cannot change.
Variable is a scurity and has risk. Whole life is all guaranteed. If you are considering between the two you should be sitting down with an agent that is a Registered Rep and licensed to sell securities! This is never something that should be done on your own or over the internet!
a literal is a constant value, the difference is a variable can change it's value.
There is no difference.
there is no difference.