Common and Variable Universal Life procedures permit you to determine the volume and time of one's funds.
With Universal life, so long as you place rates at a higher enough level to protect the plan costs, it'll remain in-force. Whilst the policy develops, you may choose to impress just about cash into your policy with any given quality cost based on how you desire to develop your cash value. As your money value increases, premium payments can be even skipped by you occasionally so long as there are sufficient resources in the policy to protect the COI and other policy costs.
With Variable Universal Life, any rates beyond the COI, plan management costs and advanced masses are committed to the available variable expense choices and/or the fixed price choice and have the potential to develop, the policy's cash value based on the policyholder's risk tolerance level. And much like Universal Life, you are able to choose to impress just about money in your plan with any given premium cost. It is possible to decide to not pay reduced for so long as there are sufficient resources in the policy's account worth to cover the costs COI and other policy costs.