Why Choose Variable Life Insurance?

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    David RacichPRO
    Fountain Hills, Arizona
    It should be antithetical to cover an indemnification risk with a risky product like variable universal life (VUL) and an expensive life insurance product it is. If you need life insurance coverage, VUL is too expensive and takes on too much management for the common investor. However that being said, for experienced investors that are accustomed to market risk with products like electronically traded funds or mutual funds, VUL may be an alternative for their long term equity position. Keep in mind that VUL is very popular with wealthy investors because of the tax favored features of VUL: deferral during accumulation and potential tax free income if the contract is kept in force for the life of the insured.
    Answered on May 9, 2013
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