As an example, in some cases, if the insured dies within just the first year or two, the policy's beneficiary may only receive a certain percentage of the total stated death benefit amount. (truelifequote.com)
If you had the same amount in cash value in IUL life insurance, which you could take the money any time, and there may be a fee, when you will leave this world, the law in California states the death benefits must be more than the cash value. (lifeinsurancebyjeff.com)
Orange Pass is only available on policies with an Initial Stated Death Benefit of $ 500,000 or less for issue ages 16 - 50 and $ 250,000 or less for issue ages 0 - 15. (voya.com)