These fees and expenses may be higher than the expenses of many alternative products. Individuals may not invest directly in any index. This product is not available in Mississippi or New York. Since your AAL Variable Universal Life certificate's cash value accumulates tax-deferred, it has the potential to grow more quickly than an investment where taxes are paid annually on earnings. In most cases, loans from your certificate aren't taxable.
Outstanding loans are subject to interest charges.
Top of page. You decide when and how much to pay, within certain restrictions. AAL Variable Universal Life's flexibility also extends to its coverage. Whether you purchase a certificate solely to meet survivor cash and income needs or use it for retirement planning, children's education funding or estate planning, this insurance for the investment minded provides flexibility for your changing life. Top of page.