Using VUL for Retirement Planning and Other Needs

Prior to the stock market decline of 2001, variable universal life insurance (VUL) was a popular tool for creating plans with supplemental income. Whether to enhance retirement savings or help pay for future expenses, such as college or weddings, VUL was popular because of its tax advantages and flexibility. The market slide, however, put VUL in an unfavorable light with clients who wanted more guarantees.

Using VUL for Retirement Planning and Other Needs
Source: Life Insurance Selling