Flexible protection that lets you choose your investments and payment schedule
What is universal life insurance?
Universal life insurance offers you flexible, cost-effective lifetime coverage that can be personalized to match your changing lifestyle. It’s combined with a tax-advantaged investment component, which you can manage based on your financial goals and risk tolerance.
Who is it for?
With the ability to adjust your premium payments (within certain limits) to your changing needs and situation, universal life insurance is ideal for those focused on obtaining flexible coverage. And unlike term life insurance – which only offers coverage for a set period of time – universal life insurance makes sure you and your family are protected for life, provided you pay your premiums.
With an added investment component you have the opportunity to grow your wealth over time, making it an excellent option if you want to utilize your insurance while you are still living. You can fund your financial goals or use it to leave a larger legacy to the people or organizations you’ve named as beneficiaries.
Universal Life Insurance is ideal for:
• Individual looking for flexible life insurance
• Anyone looking to grow wealth while still living
• A great option for anyone who has received a medical rating on life insurance