Flexible Universal Life Insurance is a type of permanent life insurance that offers both a death benefit and a cash value component. It provides flexibility in premium payments and death benefit amounts, allowing policyholders to adjust their coverage as their needs change. This type of insurance typically offers the potential for cash value growth based on the performance of underlying investment options, such as stocks, bonds, or money market funds. Policyholders can allocate their premiums to different investment options within the policy, and the cash value has the potential to grow tax-deferred. Flexible Universal Life Insurance also allows for loans and withdrawals against the cash value, providing access to funds for various needs, such as supplementing retirement income or covering unexpected expenses. It's important to note that loans and withdrawals can impact the policy's cash value and death benefit if not repaid. Additionally, policyholders have the option to adjust their premium payments and death benefit amounts within certain limits, offering flexibility to adapt to changing financial circumstances. Overall, Flexible Universal Life Insurance is designed to provide long-term protection and flexibility to meet the evolving needs of policyholders and their beneficiaries.