Police work is dangerous duty.
That's why Bruce Dyson, a motorcycle cop in Miami-Dade County, bulked up on life insurance. As early as age 49, Dyson will be eligible to hang up his shield. I don't want to be on the street when I'm in my late fifties or sixties. Like other cash-value insurance, Dyson's VUL provides both a death benefit and a savings component that grows tax deferred. When he retires, he plans to use the savings to supplement his police pension until other income streams, such as his deferred-compensation plan, are available.