VUL - Variable Universal Life Insurance -English Speaking

[thelostgypsy]

Hello,

Does anyone know an insurance company who offers a VUL policy that can at least provide an English Speaking agent?
I would like to get a health insurance at the same time with investment scheme.

Most insurance company I spoke with has Japanese policies and my Japanese level is very poor.

Leads will be greatly appreciated.

Thank you.

[RetireJapan]

My first question is why you are looking for this kind of product? I believe it might be possible that cheap term life insurance, cheap health insurance, and investing the money saved independently might be a better option.

Insurance that bundles several different things together (especially if it includes an investment component) tends to be much more profitable for insurance companies and agents, which is why they often recommend it over cheaper options.

[thelostgypsy]

Thank you for your response. I just actually wanted to be able to invest money and I was reading about VUL. Would you be able to recommend an insurance company that can assist my in English to get a health insurance coverage for plus critical illness?

[Kanto]

Thank you for your response. I just actually wanted to be able to invest money and I was reading about VUL. Would you be able to recommend an insurance company that can assist my in English to get a health insurance coverage for plus critical illness?

English support is not standard, and we do no know where you are located.

The best place to look for general plans is kakaku

https://hoken.kakaku.com/insurance/

Workplaces often offer discounted plans as well.

1. Are you looking for only term health insurance? (You pay for 5 years at a time, rates go up as you age and by coverage ammount).

2. Whole life insurance (A lifetime policy with a (usually) flat rate?)

3. Additional health insurance? (In Japan this usually covers private hotel rooms and such, national insurance already caps monthly payments).

4. An investment insurance product? (Universally not recommended on this site).

[TokyoWart]

Thank you for your response. I just actually wanted to be able to invest money and I was reading about VUL. Would you be able to recommend an insurance company that can assist my in English to get a health insurance coverage for plus critical illness?

I recommend you make sure you understand the advantages and disadvantages of that product. Variable Universal Life insurance began to be pushed after a disaster which happened to many Universal Life Insurance policy holders which is described here:

https://www.forbes.com/sites/investor/2 ... cyholders/

VUL is not as subject to that problem but is more expensive than Term yet comes with fewer guarantees than Whole Life. See these links for some explanations:
https://www.forbes.com/advisor/life-ins ... insurance/
https://www.policygenius.com/life-insur ... insurance/

In general insurance products are difficult to evaluate --even in English-- which is why many of use decide to use the simplest insurance possible (Term life) and invest elsewhere.

[thelostgypsy]

Thank you for all the answers. Do you think it is wise move to hire financial adviser to manage your portfolio?