Pitfalls of Variable Universal Life
Walter Updegrave, senior editor of Money Magazine, explains the details, the usual pitch, and the pitfalls of VUL insurance -- and why you should think twice (and ask many questions) before buying.
"Evidence points overwhelmingly to the conclusion that active management of assets fails to produce satisfactory results for individual investors... Index funds provide a clearly superior alternative." -- David F. Swensen, Yale University, Chief Investment Officer
Walter Updegrave, senior editor of Money Magazine, explains the details, the usual pitch, and the pitfalls of VUL insurance -- and why you should think twice (and ask many questions) before buying.
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