Comments on: How to Buy Variable Universal Life Insurance

on 7/28/2008 As a Life Insurance Agent working primarily with Seniors, I've found that the great majority of those with VUL policies don't understand what they have. After I review their policy, they are often surprised to find out their policy face value has fallen, cash values have been decreasing substantially over the years, etc. Too many agents sell these things telling their client to just pay the minimum premium... and unless the agent simply doesn't know what he/she is talking about.... they know full well the policy will collapse if only the minimums continue to be paid.

There needs to be a high level of sophistication with the buyer... someone who likes keeping up with a sophisticated financial instrument.... not just someone looking for affordable life insurance or insurance that grows cash value. You can grow cash value with far more guarantees and safety.... and that's what Life in

on 2/8/2008 http://www.arizonaautohomelifeinsurance.com/builderarizonacc/Tucson/index.php

I'm not as sold on VUL as I once was. As I get older I realized there is value to having a life policy without risk. That is why a whole life or some types of UL's are so much better.