Insurance
Universal life
Understand how lasting coverage is funded.
Flexible payments affect policy value and how long coverage lasts. See how the pieces connect.
Browse the full comparisonChoose a product in the full comparison. Availability and eligibility vary.
Inside the policy
Premiums
Payments help fund the policy; changing them can affect its duration.
Policy features, guarantees, charges and availability vary. Loans and withdrawals may reduce benefits or cause a policy to lapse.
Common questions
What to understand before choosing
Does flexible mean I can stop paying?
Not without consequences. The policy must meet its funding and contractual requirements to remain in force.
How does it differ from whole life?
Whole life generally uses a defined premium schedule and contractual cash values. Universal life has different funding mechanics and guarantees that must be reviewed policy by policy.