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As with all life insurance products, a VUL (variable universal life insurance) can be used to cover for unexpected financial consequences. Its main difference with traditional life insurance is that this insurance has an investment component. Here are some of the things that you can use your VUL for.💛

1. As an insurance product, a VUL plan can secure your loved ones' future as it provides much-needed funds should anything happen to you.☀️

2. VUL insurance plan has an investment component that can potentially grow your hard-earned savings over time, which you can use for your long-term goals.☀️

3. Because VUL is an insurance plan with investment component, it allows you to access a portion of your savings when you need it most. Once you have recovered, you can easily top-up to keep your plan active and yourself well-covered.☀️