Understanding Variable Universal Life Insurance Policies
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Understanding Variable Universal Life Insurance Policies
Learn about Variable Universal Life Insurance: benefits, risks, and tax implications in our comprehensive guide for informed decision-making.
Jan 11, 2025
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💡 I bought my first insurance at 18 years old. Fast forward to today, I’m now 31 and my fund value is ₱218,898.07. I’ve been paying ₱30,908 per year for the past 13.5 years, which totals ₱417,258.18. I also withdrew ₱30,908 once and paid it back as proof that the fund value is legitimate and accessible. I’m not sharing this to brag, but to educate you about the right mindset when getting a VUL (Variable Universal Life) product. You have to let compounding work for you long term. Even better, if
💡 I bought my first insurance at 18 years old. Fast forward to today, I’m now 31 and my fund value is ₱218,898.07. I’ve been paying ₱30,908 per year for the past 13.5 years, which totals ₱417,258.18. I also withdrew ₱30,908 once and paid it back as proof that the fund value is legitimate and accessible. I’m not sharing this to brag, but to educate you about the right mindset when getting a VUL (Variable Universal Life) product. You have to let compounding work for you long term. Even better, if
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