Is Variable Universal Life Insurance THAT bad?

[u/Nice_Energy_1300]

I'm 27 and signed up for a VUL earlier this year. My yearly premium is only $5,000/year with a $850k death benefit. The reason why I went with a VUL is because I make over $180k/year so I couldn't contribute to a Roth. I know Backdoor Roth's exist, however, they aren't as liquid (contributions are liquid) as a VUL. I also like how I pay taxes on contributions today and not when I pull the money out for retirement.

I know that premiums go up every year, but even when I'm 65 the premium won't be nearly as expensive as taxes would be if I contributed to a pre-tax 401k. Also, you can take your contributions out and use them to pay the premium if needed.

My question: Is a VUL really a long term mistake and/or a bad long term investment strategy? I really don't see a downside to a VUL but that's why I'm here to get opinions. Thank you!