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Here we go again! :-)

Do you need life insurance?
Are you in good health?
Are you willing to keep the policy in force your entire life?
Are you willing to overfund it using the equity based sub-accounts?
Are you willing to wait at least 10-15 years before taking out any substantial withdrawals?
And have you maxed out other tax favored plans like 401k, IRA's, etc.?

If you answered yes to all or most of these question, you may be a good candidate for VUL.

I personally have $1,000,000 of 30 year term on myself coupled with a $250,000 VUL. The small VUL will allow me to have some insurance for my entire life while enjoying the excellent tax advantages.

Alan McKnight, CFP
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