A. Universal life has two kinds death benefits:
Option A Death Benefit
It is a level death benefit that remains at a constant level for the life of the policy, regardless of the performance of the cash values. This is the death benefit that is very similar to whole life insurance, in that the cash values are returned at death as a part of the death benefit and is usually called Option A death benefit.
Option B Death Benefit
It is a death benefit that pays the face amount of coverage purchased plus the accumulated cash value. This is usually called Option B death benefit, and requires a considerably higher premium outlay.