Positioning (Strong but compliant)

Variable Universal Life (VUL) is designed for clients who want permanent life insurance combined with market-based growth potential and who understand investment risk.

How VUL Works

• Permanent life insurance
• Cash value invested in subaccounts
• Market exposure with upside and downside
• Flexible premium structure (subject to policy rules)

Why Clients Implement VUL

• Long-term protection
• Market-linked accumulation
• Advanced planning for high-income earners
• Business or executive planning
• Legacy and estate coordination

Risks & Tradeoffs

• Market losses possible
• Policy fees and subaccount expenses apply
• Poor funding can cause lapse
• Loans reduce cash value and death benefit
• Ongoing management is required

Compliance Statement:

Variable Universal Life is a security and involves investment risk, including loss of principal.