The main benefits include life-long coverage, the opportunity to grow your money, and flexible premium payments. With VUL life insurance, your policy builds cash value that you can use for major life goals like buying a new car, upgrading your home, or travelling. Aussies in Darwin, Newcastle, and Sunshine Coast appreciate the ability to adjust premiums according to income. Plus, your beneficiaries still receive a guaranteed death benefit. It’s a perfect mix of protection and financial freedom.