The death benefit in a VUL insurance policy is the amount paid out to your beneficiaries upon your passing. It offers financial protection for your loved ones, covering costs like mortgage, debts, and daily living. In growing Aussie cities like Wagga Wagga, Albany, and Orange, families are using VUL to create generational safety nets. Best of all, even if you’ve made withdrawals during your life, a portion of your policy will still provide protection for your family’s future.