UNIVERSAL LIFE INSURANCE
Permanent Coverage With Flexibility
Clear coverage. Affordable protection. Peace of mind for a specific period of time. Permanent Coverage With Flexibility is designed to protect your family during the years they need it most—while keeping costs simple and manageable.
What Is Universal Life Insurance?
Universal life insurance is a type of permanent life insurance that offers
more flexibility than whole life.
It is designed to provide:
Universal life insurance is a type of
permanent life insurance that offers
more flexibility than whole life.
It is designed to provide:
Long-term coverage
Long-term coverage
More flexibility in how the policy is managed
A cash value component (depending on the policy)
What Universal Life Can Help With
Universal life can help your family:
Stay financially secure if you pass away
Cover major expenses like a mortgage or debts
Provide long-term protection beyond a specific “term” period
Who Universal Life Is Usually For
Universal life is often a good fit for people who:
Want coverage that can last a long time (potentially for life)
Want more flexibility than whole life
Expect their income or needs may change
over time
Want coverage that can last a long time (potentially for life)
Want more flexibility than whole life
Expect their income or needs may change over time
Universal Life in Simple Terms
Whole life is usually more “set it and forget it.”
Universal life offers more flexibility, which can be helpful as life changes.
Whole life is usually more “set it and forget it.” Universal life offers more flexibility, which can be helpful as life changes.
Pros and Cons
Pros
Permanent coverage
More flexibility than whole life
May build cash value
Can adjust over time depending on the policy
Cons
Needs occasional review to make sure it stays on track
More moving parts than whole life or term life
