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is variable universal life insurance a good deal even though the market is volatile?

how about plain old universal life? is it a good deal even though...?

Public Comments

1. Even with market volitility, variable life insurance is generally a better bet than a standard life insurance policy. Obviously, historical analysis is not always going to be valid going forward, but I believe that over time, you will still see better returns with a variable policy. Universal life is a totally different issue and has to do with the method of payment and cash value. Buy a term policy and buy mutual funds with the rest.
2. I'm not a fan of either VUL or UL. I believe life insurance is for death planning, and investment accounts are for investing, and mixing the products gives you the worst of both worlds.