This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the Series 6 Exam.

In this episode you will learn:

- The meaning of flexible premiums in a Variable Universal Life (VUL) policy and how they affect cash value.

- The difference between the two primary death benefit options, Option A (level) and Option B (increasing).

- How VUL policies combine the investment risks and potential rewards of variable products with the flexibility of universal life.

- Common suitability questions and exam traps related to VUL insurance, such as the non-guaranteed nature of cash value.

- A simple mnemonic to remember the key characteristics of VUL and its ideal client profile.

For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818