1  Under current federal tax rules, you generally may take federal income tax-free withdrawals up to your basis (total premiums paid) in the policy or loans from a life insurance policy that is not a Modified Endowment Contract (MEC). Certain exceptions may apply for partial withdrawals during the policy's first 15 years. If the policy is a MEC, all distributions (withdrawals or loans) are taxed as ordinary income to the extent of gain in the policy, and may also be subject to an additional 10% premature distribution penalty prior to age 59 1/2, unless certain exceptions are applicable.

Loans and partial withdrawals will decrease the death benefit and cash value of your life insurance policy and may be subject to policy limitations and income tax. In addition, loans and partial withdrawals may cause certain policy benefits or riders to become unavailable and may increase the chance your policy may lapse. If the policy lapses, is surrendered or becomes a MEC, the loan balance at such time would generally be viewed as distributed and taxable under the general rules for distribution of policy cash values.

VUL Survivorship is sold by prospectus only that contains complete information on investment objectives, fees, charges and expenses. It should be read carefully before investing or sending money. A copy of the current prospectus can be accessed under the VUL Survivorship prospectus tab.

VUL Survivorship is issued by Equitable Financial Life Insurance Company and is co-distributed by affiliates Equitable Advisors, LLC (members FINRA, SIPC) and Equitable Distributors LLC, 1345 Avenue of the Americas, New York, NY 10105.