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In theory, the whole purpose of insurance is to protect you and your family from loss during your wealth-building years. Eventually, you should get to the point to where you no longer need insurance (except for maybe estate planning purposes).

That said, a person could buy a 30 year term insurance policy when he's 30 years old and be insured until he is 60. If he were to take the "difference" in what you would pay for a VUL policy and invest it, by the time he was 60, he would have a lot more money than he would have had in the VUL.

The real clincher in all this is you MUST invest the difference. If you simply buy a term policy but do nothing towards building your wealth, then you would have been better off going with the VUL.

Make sense?

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