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                                                                      Exhibit 12


                THE TRAVELERS FUND UL FOR VARIABLE LIFE INSURANCE


                                POWER OF ATTORNEY


         KNOW ALL MEN BY THESE PRESENTS:


         That I, J. ERIC DANIELS of Hartford, Connecticut, President and Chief
Executive Officer of The Travelers Insurance Company (hereafter the "Company"),
do hereby make, constitute and appoint ERNEST J. WRIGHT, Secretary of said
Company, and KATHLEEN A. McGAH, Assistant Secretary of said Company, or either
one of them acting alone, my true and lawful attorney-in-fact, for me, and in my
name, place and stead, to sign registration statements on behalf of said Company
on Form S-6 or other appropriate form under the Securities Act of 1933 for The
Travelers Fund UL for Variable Life Insurance Contracts, a separate account of
the Company dedicated specifically to the funding of variable life insurance
contracts to be offered by said Company, and further, to sign any and all
amendments thereto, including post-effective amendments, that may be filed by
the Company on behalf of said registrant.

         IN WITNESS WHEREOF, I have hereunto set my hand this 22nd day of
December 1998.


                                       /s/ J. Eric Daniels
                                       President and Chief Executive Officer
                                       The Travelers Insurance Company