Articles | Variable Universal Life Policy

What happens if I stop paying premiums?

The policy may lapse unless there’s enough cash value to cover costs.

Total fees Investment options Flexibility on premiums Policy illustrations Risks of lapse

It’s a combination of the base death benefit and potentially the cash value.

The savings/investment part of the policy that can grow over time.

It can, especially with Option B (increasing death benefit) policies.

VUL has an investment component; traditional policies like term life do not.

Generally, no—they’re not tax-deductible for individuals.

Yes, VUL offers flexibility—you can increase, decrease, or skip payments (within policy limits).

A life insurance policy that combines death benefit protection with investment opportunities.

Yes, it offers lifelong coverage, provided premiums are paid and the policy remains funded.