4/8     Anybody have the kind of life insurance where a portion of your
        premiums go into a mutual fund?  What company is it?  I'm trying to
        collect a list and do comparison shop. Thanks.
        \_ it's called VUL (Variable Universal Life), you can email me as I
           have a friend who works for State Farm - russwong
        \_ VUL is almost always a bad deal.  For 90% of the people, term
           life is the way to go.  Insurance agent will tell you otherwise,
           simply because they earn more commission for selling you VULs.
           Instead of invesing in VULs, buy term life and put the
           differece in mutual fund yourself and get better return.
           \_ term life insurance is the kind where if you die within X
              years, your family get paid.  Otherwise if you outlive that X
              period, nobody gets anything.  I thought this is kind of bad.
              How do you know what X to pick?
              \_ Life insurance in general is not a good investment. It
                 should only be used if you fear your family will not be
                 provided for if you die prematurely. --dim
              \_ You don't know how long you will live, hence insurance.
                 The idea is, you only need insurance when you have
                 dependents, so term life should suffice; assuming your
                 dependents will grow up, be gone (in case of your elder
                 dependents) before the term life expires.  It's true,
                 you don't get a pay out with term life after X number of
                 years, but you can always convert to whole life later
                 if you prefer.  Whole life is still more economical
                 than VUL.  Once again, you can always invest the
                 difference in premium in mutual funds yourself.  Read
                 Money 101's topic on life insurance on http://money.com