VUL stands for Variable Universal Life insurance, an investment-linked life insurance product that provides protection and a chance to grow money or savings over time. 

It is a type of life insurance that offers both a death benefit and an investment component. With a VUL policy, a portion of the premiums paid by the policyholder is allocated to an investment account, which can be invested in a range of investment options such as stocks, bonds, and fixed-income securities. 

VUL = Life Insurance + Investment component

There are several advantages to getting a VUL (Variable Universal Life) plan while you are young and healthy.

Here are some of the key benefits:

Lower Premiums: When you are young and healthy, you are considered a lower risk to the insurance company. As a result, you will likely be offered lower premiums than if you were older or had pre-existing health conditions. This means you can save money on your premiums over the life of your policy.

Better Health Ratings: Insurance companies use health ratings to determine the risk of insuring a person. When you are young and healthy, you are likely to receive a higher health rating, which can also result in lower premiums.

Longer Time Horizon: By starting a VUL plan when you are young, you have a longer time horizon to build up cash value and potentially earn higher returns on your investments. This can result in a larger nest egg for retirement or other future financial goals.

More Time to Adjust: With a VUL plan, you have the ability to adjust your investment allocations over time. When you start your policy at a younger age, you have more time to adjust your investments and take advantage of potential market upswings.

Financial Protection: In the event of an unexpected death, a VUL plan can provide financial protection for your loved ones. By starting the policy at a young age, you can ensure that your beneficiaries are protected for a longer period of time.

Overall, getting a VUL plan while you are young and healthy can provide several advantages, including lower premiums, better health ratings, a longer time horizon for building cash value, more time to adjust investments, and financial protection for your loved ones.