Can I change my cash accumulation strategy after getting the policy?

You may change the strategy of which dictate how your cash will grow within an IUL or VUL policy, i.e. whether it's based on the S&P 500 or another index fund. Typically there are various options within each of these policy types. Interest is fixed on a whole life policy. IUL policyholders can change their crediting strategy. VUL policyholders can change their fund choice in their sub or separate accounts.