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We are currently looking into VULS and have information from Ameritas, Paragon, both of which have no surrender charges on their policies.

We are presently contributing 10% to a 401k and plan on maximum funding each of our individual ROTHS.

The funds in the 401k are invested in a small selection of aggressive mutual funds (New Perspective, Small Cap World, ICA). Since we have a limited selection of funds from which to choose as investment vehicles in the 401k, and because the employer matches zero dollars on our contributions, should we up our contribution from 10% to 15% or stay at 10% and overfund a VUL with a minimum face value ($100,000 is minimum amount with Ameritas).

If Ameritas and Paragon are not charging surrender charges for their policies, how are they making up these dollars? In the premium cost? I think it must be somewhere.

Also any recommendations on VUL insurance companies would be of great help.



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