If this happened with whole life and
other universal life insurance policies, they would take premiums from your cash value until you get back on track — so you have some flexibility.
Similar to
other universal life insurance policies, such as indexed UL and variable UL, the Protective Survivor UL policy features a cash value account.
As survivorship life insurance is a less common policy than
other universal life insurance policies, you may need to hunt around for companies that issue this policy.