Man, I think at least half of the posts on this board must be about VUL's. I apologize in advance for adding yet another.I've read a good number of previous posts - and have developed (what I feel to be) a decent understanding of the product. I have come to the conclusion that the product IS NOT for me. However, my financial advisor had thought it may be appropiate - so I felt it wouldn't hurt to run my conclusion by a few unbiased people.I'm 26 years old. I currently have no need for life insurance (no mortgage, wife, kids, etc.) However, I expect all of these items to occur over the next five years.My 401(k) is maxed out (I put in 10%, my employer puts in 15%). I've maxing out a ROTH IRA to the extent that income limitations will allow. From work, I also receive life insurance in the amount of 1 times salary.I have a decent amount of extra income which I need to invest. I think my financial advisor brought this product up to server my INVESTING needs more than my INSURANCE needs (which, from what I've read on this board, is incorrect).I have compiled my own numbers comparing the results between the purchase of a VUL compared to investing in various mutual funds. Under the right circumstances (decent growth, high tax burden, etc) - the VUL was able to beat the mutual fund investing. However, if I used more tax efficent funds, then the mutual funds won out (due to lower expenses, and the fact that I'm not paying for insurance I dont' need).So from a numbers standpoint, I'm not sold on a VUL.The only other item I looked at was my insurability. It was mentioned that my insurability may change over time - making it more difficult to purchase such a policy later on if needed. However, this also didnt' seem like a worthy reason for purchasing a VUL.I think I've answered my own question - there is no reason for my to purchase a VUL.Am I missing anything at all?Once again, sorry for the "me too" post. I hope I haven't asked anything that was answered 10 posts back.....Thanks,-Ortman
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