VUL stands for Variable Unit Linked or Variable Universal Life. It is a financial product that provides life insurance and an investment feature.
Yuppies (Young Professionals) who are single, no dependents, and have good company health benefits will always say that I don’t need insurance.
Middle-aged adults and those who near retirement and has a lot of money will also say that I don’t need insurance.
But insurance, particularly Disability and Critical Illness Insurance, is there not because you die, but because you SURVIVED!