For professionals

Growth potential with the freedom to choose

“I’ve maxed my plans. Is there a sound way to keep building?”

If you already put the most allowed into your workplace retirement plan, Pacific Select Harbor VUL can add a tax-diversified asset alongside life insurance protection. It is not a replacement for retirement accounts, and its values can fall.

See it with your own numbers Watch the growth chapter

Where a VUL may fit

It may be worth exploring if you:

Already contribute the most your workplace retirement plan allows
Also need life insurance protection for your family
Are comfortable with market ups and downs and a long time horizon
Can pay premiums steadily for many years

Where it may not

Another approach may fit better if you:

Have not yet used the retirement plan at work
Want growth that can never go down, or cannot accept losses
May need the money within the next several years
Would let higher insurance costs crowd out emergency savings

A review covers those other options too. Any recommendation comes only after an individual suitability review.

Long-Term Growth Potential

Put your cash value to work for the long term

Direct your cash value among a diverse range of variable investment options, or two fixed options with guaranteed minimum interest crediting rates.

Tax-deferred cash value growth potential
A potential source of tax-free supplemental income²
Reallocate as your goals change

What to know: Variable options can lose value, including principal. Fixed-option guarantees depend on Pacific Life’s claims-paying ability, and an asset charge may reduce their yield. Transfer limits and policy charges apply; the policy works best when funded consistently for the long term.

Explore the investment options →

The pillar that answers your question

How the growth pillar works for you

You direct your cash value among a diverse range of variable investment options, plus two fixed options with guaranteed minimum interest crediting rates. You can reallocate as your goals change.

Life insurance comes first. The cash value can grow tax-deferred, and it can also lose value, including principal. Charges come out every month, so the numbers only make sense over the long term.

Pacific Select Harbor VUL works three ways: protection, long-term growth potential and living benefits. See all three →

¹ Life insurance death benefits are generally income-tax-free to beneficiaries under IRC Sec. 101(a)(1); exceptions apply, such as certain transfers for value and employer-owned policies. ² Tax-free income potential assumes, among other things, that withdrawals do not exceed tax basis, the policy remains in force until death, early withdrawals do not coincide with a reduction in benefits, and the policy is not a modified endowment contract. Loans, withdrawals and loan interest reduce policy values and may reduce benefits. Pacific Life does not provide tax advice.

Hypothetical example

How a review might go

A couple in their late forties both put the most allowed into their workplace plans. They want to keep building for the long term, and they also need life insurance for their family.

In a review, they look at how the cash value could grow over time, what the policy costs each year, what happens if markets fall and how it compares with other options, such as term insurance and investing in a taxable account.

This example is fictional and for illustration only. It is not a real client and shows no policy values, premiums or results. Your situation, and any recommendation, would be reviewed individually.

Before you decide

What it costs and what to watch for

Charges every month: cost of insurance, administrative, coverage and asset charges, plus a premium load on each payment and the investment options’ own expenses
A surrender charge if you surrender the policy in its early years
Market risk: variable investment options can lose value, including principal
Lapse risk: if cash value can’t cover the monthly charges, the policy can end without more premium
Loans and withdrawals reduce cash value and the death benefit and can cause a lapse and taxes
Tax advantages depend on how the policy is funded and used. Loans and withdrawals reduce values and the death benefit and can cause a lapse and taxes. Funding above IRS limits can make the policy a modified endowment contract (MEC).

See it with your own numbers. Premiums depend on your age, health and the amount of coverage, so this page shows no prices. Your personalized illustration, prepared in a consultation, shows them. Request a consultation →

See all charges and risks

Read the prospectus before you decide

A VUL policy is a variable product. The current prospectus describes the policy's features, charges, investment options and risks in full. Ask Markist for the current prospectus and review it carefully.

Compare honestly

Other options to consider

A review compares these with Pacific Select Harbor VUL, so you can choose what fits.

Term insurance and investing on your own

Term coverage usually costs less, and you invest the difference in a taxable account. There are no insurance charges on those investments, and coverage ends with the term.

Other accounts you may qualify for

Depending on your situation, an IRA or another account may come before life insurance as a savings tool. Ask your tax advisor.

Other permanent insurance

Whole life and other permanent policies build cash value in different ways, with different costs and guarantees. A review can compare them.

Questions

Common questions

How does this compare with my 401(k)?

It is not a replacement for retirement accounts. It is life insurance first, with cash value that can grow or lose value. Many people look at it only after using their workplace plan.

Are the tax advantages guaranteed?

No. They depend on how the policy is funded and used, and on current tax law. Pacific Life does not provide tax advice; talk with your tax advisor.

Can I lose money?

Yes. Variable investment options can lose value, including principal.

Will I see real numbers?

Yes. In the consultation, Markist prepares your personalized illustration, including low-return scenarios and maximum charges, so you can see the trade-offs.

Start with a conversation

A free 30-minute consultation, with the costs, risks and alternatives explained. Or watch the matching chapter of the free workshop first.

See it with your own numbers Watch the growth chapter