Universal Life Insurance From United of Omaha Life Insurance Company or Companion Life Insurance Company
Universal life offers the following advantages:
- Lower-cost life insurance (compared to whole life insurance)
- No-Lapse Protection
- A tax-advantaged savings element that provides a cash value with a guaranteed minimum interest rate
- Flexibility to adjust your premium payment and death benefit as your needs change
- Favorable loan features
Universal Life insurance is flexible-premium, adjustable-benefit, permanent life insurance that can accumulate values beyond the guaranteed cash value. In addition to its cash values which can be used for children’s educations, to supplement retirement income and for incidental expenses, universal life insurance is flexible enough to change as your needs change.
We offer more than one universal life insurance plan. As you compare some of our universal life plan features, it may become obvious which type is right for you. Or, you may begin to realize you need assistance from a licensed insurance agent.
Our Universal Life Insurance Plans
Guaranteed |
Guaranteed |
AccumUL Plus |
Guaranteed |
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|---|---|---|---|---|
| Issue Ages | 18-85 years |
18-85 years |
0-85 years |
18-65 years |
| Death Benefit Amounts | $100,000* - $1,000,000 and above |
$100,000* - $1,000,000 and above |
$25,000 - $1,000,000 and above** |
$50,000 - $250,000 |
| Premiums | Flexible |
Flexible |
Flexible |
Flexible |
| Covers Needs |
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We also offer universal life products for your estate planning needs: single premium universal life and guaranteed universal life survivor.
*$50,000 for ages 66-85 Standard Non-Tobacco and Standard Tobacco. $100,000+ for ages 81-85 Standard Non-Tobacco and Standard Tobacco.
**Below $100,000 only Standard Non-Tobacco and Standard Tobacco risks are available, ages 0-17 Standard Non-Tobacco only, ages 18-80 (all risks), ages 81-85 Standard Non-Tobacco and Standard Tobacco risks only.
