Universal Life Insurance

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Universal Life insurance know as UL policy is a kind of permanent life insurance with a built in investment account.

Our universal life insurance provides affordable protection that can be customized with a wide range of features and options including:

  • Investment options

  • Riders

  • Death benefit options

  • Flexible coverage


Is universal life insurance right for you?

If you are looking for insurance protection with an investment and savings component then the answer is, yes.


While you are alive

The savings component of a universal life policy allows for tax-deferred investment growth that can be used in many ways while you are still alive, such as adding to your retirement income or helping to cover the costs associated with a disability.


After you’re gone

Upon your death, your beneficiary will receive a tax-free death benefit. This money can be used to help secure the future of your loved ones or to help pay any taxes or final expenses.



What can you do with your universal life insurance plan?

With a built-in savings component, a UL policy gives you tax efficiencies while also letting you:


    Build assets for your children


    Help protect your mortgage


    Add to your retirement income

  • Help protect your retirement savings in case of an occupational disability or one caused by 26 critical illnesses, including the need for long-term care.


Additional no-cost benefits from our best insurance provider:


Living Benefits

If you are disabled, you can access the fund value of your universal life policy through your Living Benefits. The funds will be given to you tax-free and surrender charge-free. This benefit covers disabilities caused by a disease or an injury, and those caused by a list of 26 critical conditions, including the need for long-term care.

You should also know that, in the early years of your policy, before you’ve had the chance to build the fund value, the amount accumulated may not be enough to cover your disability needs, and you may want to consider adding disability or critical illness coverage to your protection plan. Accessing your fund value as Living Benefits will reduce the death benefit(s) and the total fund value of your policy.

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