Originally Posted by PilotWombat

I wanted to bring this thread back form the dead. We have the rates and rules now, so what are your thoughts?

I'm generally pretty up to speed on financial matters, but I've never spent the time to understand all the benefits and costs of various kinds of life insurance. From what I can see, I don't see any reason not to choose the GVUL. If you use it for nothing more than the standard life insurance scheme, it comes with (for now) lower imputed income. Then there are the extras, like cash value withdrawals and the option to take it with you when you retire. What else is there as far as benefits? Are there any negatives to this that I'm not seeing?