The difference between great people and everyone else is that great people create their lives actively, while everyone else is created by their lives, passively waiting to see where life takes them next. The difference between the two is the difference between living fully and just existing.
Michael E. Gerber Quotes
Filed under Power Thoughts by Tracy Phaup
“Virtuality” is coming on TV tonight, for you virtual reality fans.
Last minute notice but maybe you can still catch it!
Filed under Virtual Reality by Tracy Phaup
@Hescmnbk63 You so totally rock! HOpe all is well…
Filed under Twitter by Tracy Phaup
Variable Universal Life Insurance (often shortened to VUL) is a type of life insurance, that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner. The ‘variable’ component in the name refers to this ability to invest in volatile investments similar to mutual funds. The ‘universal’ component in the name is a bit of a misnomer that is used to refer to the flexibility the owner has in making premium payments. The premiums can vary from nothing in a given month up to maximums defined by the IRS code for life insurance. This flexibility is in contrast to whole life insurance that has fixed premium payments that typically cannot be missed without lapsing the policy.
Variable universal life is also considered to be a type of permanent life insurance, because the death benefit will be paid if the insured dies any time up until the endowment age (typically 100) as long as there is sufficient cash value to pay the costs of insurance in the policy.
Filed under Money Glossary by Tracy Phaup
