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 t he 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 591/2, 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.

Fees and charges associated with life insurance include mortality and expense risk charges, cost of insurance charges, surrender charges, administrative fees, investment management fees (variable life) and charges for optional benefits. Contact a financial professional for costs and complete details of coverage.

Please consider the charges, risk, expenses, and investment objectives carefully before purchasing a variable life insurance policy. For a prospectus containing this and other information, please contact a financial professional. Read it carefully before you invest or send money.

A universal life or variable life insurance policy is a contractual agreement in which premiums are made to an insurance company. In return for these premiums, the insurance company will provide a death benefit to a named beneficiary upon proof of the insured's death and a policy cash value. Amounts in the variable life insurance policy's cash value are invested in a variety of variable investment portfolios. Amounts in a variable life insurance policy's variable investment options are subject to fluctuation in value and market risk, including loss of principal. Life insurance policies have exclusions, limitations and terms for keeping them in force.

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, 1290 Avenue of the Americas, New York, NY 10104.