NewYork Life also sell the VUL product. It is a trap.

来源: MQL 于 2008-11-14 15:58:26 [] [旧帖] [给我悄悄话] 阅读数 : (423 bytes)
本帖于 2008-11-14 17:17:52 时间, 由普通用户 表情符号 编辑

No matter what company offer VUL, it is a trap.

I went to one of the VUL sales presentation. According to the salesman, I need to pay $6000/year for 5 years, then I can see a CHANCE (it is just a chance!) to stop paying. But I don't see a chance to get the money out until I die.

All I saw were a couple people looking for suggestion how to get out of the VUL, not how to buy VUL. What a joke to the saleman!

所有跟帖： 

• VUL is a life insurace. Of course you won't be able to -egghead1- ♂ 给 egghead1 发送悄悄话 (239 bytes) () 11/14/2008 postreply 19:57:41

• Lots of people get trapped, thinking withdraw from VUL. -MQL- ♂ 给 MQL 发送悄悄话 (171 bytes) () 11/17/2008 postreply 16:19:39

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