Premiums are payable for the lifetime of the insured.
The policy provides cash value accumulation. EWL is issued through Massachusetts Mutual Life Insurance Company. These annual premiums include the policy fee and the cost of any Accidental Death Benefit Rider, Insurability Protection Rider, and Waiver of Premium Rider, but not the cost of any term riders or substandard rating. The initial face amount decreases at the end of the first policy year. This amount remains level for the life of the policy.