<prompt> Human: This is a question about an Insurance Policy set up by parents where I am the beneficiary. Mom passed and my dad has some memorydementia issues and isnt really able to understand the situation. Mom was the fiscal leader so Im not sure he ever really understood the situation Some decisions need to be made and Im hoping someone might have some insight before we decide how best to handle this My goal is to keep my dads costs as low as possible while ensuring these benefits are paid as my parent intended. The Policy Type is Survivor-ship Variable Universal LifeSVUL from NY-Life.My understanding of this policy is: My parent put a lump sum in an account when the policy was created They have supplemented this account with 300 a month This account can then be invested in some mutual accounts to gain or lose value based on the risefall of the stock market This same account also funds the insurance premiums as needed I THINK Should the account value drops to zero the policy lapses and no benefits are paidISSUE:The current Value of the account is 22,000 and my parents guy financial planner is telling my dad the account needs to be better funded - he is saying the monthly supplement should be increased from 300 to 1,200-1,400. edit: formattingQUESTION for PF - 1 Can anyone see a reason the monthly supplement should be increased 4x when there is already 22,000 available for the premiums?2 Could there be other common restrictions on VUL that would warrant a refunding of the account? - such as the value of the account can not drop lower than x of the death benefit?Im not currently aware of what the premiums are - I know I need to find that Thanks taking time to read  <response>: 1.4kmonth for life insurance? Jesus is your dad on death row? It sounds like at best the salesman is taking advantage of the situation a bit. Find out what the monthly premium is. Theres no way your father would need to supplement beyond that. VULI is a product similar to a mutal fund investment. Except out of that mutual fund account monthly premiums for life insurance are drawn. Your monthly premium covers the funds administrative expenses and the life insurance premium. As life insurance goes its an hybrid between mutual fund investment and life insurance. As a strict investment goes it tends to be more expensive than low load mutual funds. Without knowing the numbers it is probably worth it to continue paying the premiums, but dubious to use it as an expanded investment vehicle for your father. 