
What is universal life insurance?
Sometimes called adjustable life insurance, universal life is a kind of permanent life insurance that gives you a lot of flexibility when it comes to premiums and coverage. Like other kinds of permanent life insurance, you’re covered for life, but like whole life, it accumulates in cash value. If you have questions, call for a no-obligation quote. 1-800-731-2228




The extra flexibility of universal life insurance
Flexibility is the biggest advantage of universal life insurance. What you leave for beneficiaries, premiums and the cash value of your policy can be adjusted if your life situation or budget changes. Universal life insurance can be a great choice if you’re looking for long-term, permanent coverage with a flexible payment schedule. 1-800-731-2228

Universal life and other kinds of permanent life insurance compared
Whole | Participating | Universal | Term 100 | |
---|---|---|---|---|
Lifetime coverage | Yes | Yes | Yes | Yes |
Guaranteed premiums | Yes | Yes | No – Can increase or decrease to suit your budget | Yes |
Savings component | Yes | Yes – Dividend is based on the insurance company’s performance | Yes – Investment portfolio is customizable | No |
Cash value | Yes | Yes | Yes | No |
Learn more | Learn more | Learn more |