UNIVERSAL LIFE INSURANCE:
Help participants protect their financial futures. Our universal life coverage combines life insurance protection with an ability to grow cash value. In short, it is like combining a term life insurance policy with a tax-deferred interest accumulating savings account. Universal life insurance can also help participants replace income for dependents, pay final expenses, create an inheritance for beneficiaries or make significant charitable contributions.
- Guaranteed Acceptance up to $50,000
- Individual or family coverage available
- Permanant life insurance protection
- Includes a cash value component tha tgrows in value, earning a competitive interest rate.
- Portable – participants have the additional security of knowing that their coverage can continue if they retire or terminate employment.
- “Living Benefit” coverage of an Accelerated Death Benefit for Terminal Illness Rider
- Waiver of Premium due to Layoff Rider