With whole life, your premium is level and guaranteed never to increase; with universal life and IUL, premiums often have more flexibility, allowing you to adjust payments within certain limits based on how much cash value has accumulated and current policy costs.
Want an answer specific to your situation? A licensed agent can walk through your options in a few minutes.
Call (844) 658-4509Because permanent policies involve more moving parts than term insurance, it's especially useful to review an actual policy illustration with an agent to understand how your specific premium is structured over time.