What Is Universal Variable Life Insurance? | Why Buy Life Insurance? | Dr Sanjay Tolani

Hey guys, here is the LAST animation video in my “Why buy insurance animation video series”. And the topic that I want to share with you guys today is “Universal Variable Life Insurance”.

Now, you might be wondering “what is the DIFFERENCE between a Universal Life and a Universal Variable Life? 🤔

Both Universal and Variable Life Insurance are TYPES of Permanent Life Insurance. Meaning the policy last for life and continue a Cash Value Component. However, Universal Life Insurance is a type of Permanent Life Insurance with a Cash Value that grows based on the current Interest Rate set by the insured. On the other hand, Variable Life Insurance is a type of Permanent Life Insurance with a Cash Value and with Investment Options that work like a Mutual Fund.

Hummm… is that all about Universal Variable Life Insurance? Watch till the end to see more interesting things!

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🎖 Who is Dr Sanjay Tolani? 🎖
Dr. Sanjay Tolani, became the “youngest member” at the age of 19 and the “youngest life member” at the Age of 28 to the Million Dollar Round Table (MDRT). He also has 13 Top of the Table Qualifications (TOT), which is considered the pinnacle of the financial services profession. To top things off, he is also the youngest Managing Director of an insurance brokerage in the Middle East.

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[SanjayTolani]

Hi guys,
If you want to see more of such videos, don't forget to HIT the SUBSCRIBE BUTTON and LEAVE me a COMMENT below that you enjoy watching such videos, so I know I should produce more of such content. Thank you for spending time with me and I truly appreciate it!

[karenhansen]

Love this though could you.turn down the volume of the background music?

[TorontoRealEstateAgent]

I love how straightforward your videos are Sanjay - thank you for sharing this along with the rules of thumb on how much insurance to purchase of which type 👏🏻

[chhavijain]

Content is awesome but please don't play music in the background.

[elle]

Thank you sir. I am learning a lot from you. I am new to financial industry and just a new financial advisor too. Thank you for the video.

[amandwivedi]

Bhai jab samjhaye ho to music kahe lagae ho💯💯?

[sangamachamaria]

Please don't add background music