08/10/2026
NO. Death benefit and other Insurance coverages stay the same after partial withdrawal.
Im only speaking for PRU LIFE UK. Other companies may not be the same case. VUL or Variable Unit Linked or Insurance w/ Investment Plan offers insurance with investment component. Insurance money (or Coverage or Benefits) is different from the investment money (or Fund Value). If you partial withdraw from your investment, insurance coverage stays the same. Same is true the other way around. If you have an insurance claim, money will be from your coverage, your Investment or Fund Value stays the same.
Example:
Insurance Coverage-
Death: 5M
Disability: 3M
Accident: 3M
Critical Illness: 2M
Investment value: 1M
Partial withdrawal: 500k
Insurance coverage still the same
New Investment value: 500k
If after the partial withdrawal, client applies for claim
Critical illness claim: 2M
Investment value: still 500k
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