Is Variable Universal Life Insurance Worth It? 
Variable universal life insurance ; -LRB- VUL -RRB- may be a risk based policy . I say maybe a risk policy ; because you could elect to fund the fixed account , but the expense loads are so costly , that would be a mistake and not worth it . Many consumers , who purchase VUL , fund their sub-accounts ; which has market risk . It seems antithetical to purchase a risk based policy to insure proper coverage . That being said , VUL may be a consideration for long term investors who are suitable for risk and are looking for the additional tax advantaged features . If the VUL policy is designed with the lowest TAMRA compliant death benefit and kept in force for the life of the insured , it can be an alternative investment option . 