5. Sounds toooo good. What am I missing here?? There has to be a catch here..High fees? Risk? I'm not an expert... but I've spent some time looking at the product for myself.Things you've missed:1. High fees which might be associated with that VUL. The insurance fee is not the only thing that comes out. There is a premium which is paid to the state, administrative charges, and loads on the funds. (I could be mistaken... there might be more or less than I mentioned).2. You assumed that all or your 10% annual gain was taxable. This may not be the case... it is only taxable if in the form of taxable gain. What if your fund rarely sells - so most of their gains are in appreciation of their holdings - which aren't subject to tax?Just a couple of thoughts...-Ortman
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