Our Solutions for Universal Life Insurance

Universal life insurance is permanent and flexible life insurance protection that lasts a lifetime or the life of the policy.

With universal life, the premiums and benefit amount are flexible and, if your life insurance needs change later in life, you may be able to increase or decrease the amount of coverage*. Universal life insurance also has the potential to build cash value on a tax-deferred basis**. You have access to this cash value through policy loans or withdrawals.

Universal life insurance might be right for you if…

You need to create a death benefit that helps protect your loved ones from the financial consequences of your death

You value the opportunity for cash accumulation that can help with future financial needs such as supplemental college funding, retirement income or emergencies

You want the flexibility to adjust premium-payment amounts and frequency, as well as the ability to increase or decrease the death benefit amount*


* Increases allowed with evidence of your good health. If the face amount is reduced during the surrender charge period, a surrender charge may be applied to the accumulation value in the amount of the reduction.

** Consult with a professional tax and/or legal advisor before taking any action that may have tax or legal consequences.

Our Universal Life Insurance Products

Life Protection Advantage SM Indexed Universal Life
  • Offers permanent life insurance coverage with a death benefit that can be guaranteed through age 85****—and, perhaps longer—as long as you pay the no-lapse premium or greater
  • Has the potential for greater cash value accumulation than traditional fixed-interest universal life insurance
  • Provides flexibility for the future through accessible cash value as well as included accelerated death benefit and guaranteed refund option riders
Income Advantage SM Indexed Universal Life
  • Offers permanent life insurance coverage
  • Offers the opportunity to build cash value based on selected interest-crediting options tied to the performance of a market index. Your money is never actually invested in the market
  • Provides downside protection by guaranteeing that you will receive no less than 0 percent even if the percentage change in the market index is negative
  • Emphasizes cash growth potential more than Life Protection Advantage, which may result in even greater future income potential
AccumUL Answers Universal Life
  • Offers permanent life insurance coverage
  • Accumulates cash value using a declared interest rate, guaranteed to earn at least 2 percent annually
  • Focuses on greater cash accumulation which leads to more future income potential

**** For Clients over age 75, the no-lapse protection premium provides a 10-year guarantee.

All of our universal life insurance products provide…

Death Benefit

A death benefit that helps protect your loved ones from the financial consequences of your death

Cash Value Accumulation

The opportunity to build cash values that can help with future needs such as supplemental college funding, retirement income or emergencies


Flexibility to adjust premium payment amounts and frequency, as well as increase or decrease the death benefit amount*

Tax Advantages

Tax advantages in the form of an income tax-free death benefit*****, tax-deferred potential cash value accumulation and income tax-free policy loans and withdrawals

Accelerated Death Benefits

Accelerated death benefits which offer early access to a portion of your death benefit in the event of a terminal or chronic illness

***** Death benefit proceeds from a life insurance policy are generally not included in the gross income of the taxpayer/beneficiary (Internal Revenue Code Section 101(a)(1)). There are certain exceptions to this general rule including policies that were transferred for valuable consideration (IRC §101(a)(2)). This information should not be construed as tax or legal advice. Consult with your tax or legal professional for details and guidelines specific to your situation.

What factors affect the price?

Current Age

The younger you are, statistically, the longer you’ve probably got left to live. So, a premium payment at a younger age is generally less expensive.

Tobacco Habits

Tobacco users will pay more because usage puts you at a higher risk for health ailments that can impact the number of years you live.


On average, women live longer than men, which means they generally pay lower rates for life insurance.


Healthy individuals or individuals who diligently manage their health situations will pay less because they tend to live longer and therefore are a more favorable life insurance risk.

Death Benefit Amount

Like most things, with life insurance, the more you purchase, the greater the total cost. However, your cost per dollar of coverage may be less when you purchase a higher amount.

4 Steps to Ownership

Our average timeframe for this process is less than one month.

  1. 1

    Complete the application; your agent will submit it.

  2. 2

    When your application arrives in our home office, an MIB report, a pharmaceutical report and, in some cases, a motor vehicle report are ordered. The application is then reviewed by our underwriters who determine if further requirements are necessary. Paramedical examinations are based on applicant age and benefit amount. If a paramedical examination is required, a medical examiner will schedule an appointment with you within a week. If you have a health condition or have recently visited a physician or medical facility, an attending physician’s statement may be ordered. If your occupation, avocations or expected foreign travel include a larger than usual degree of risk, further details may be requested. All of these requirements are reviewed by our underwriters who determine if further information or requirements are necessary.

  3. 3

    When all requirements are in, the underwriter evaluates the risk according to set standards and reaches a decision.

  4. 4

    Your insurance policy is issued and delivered to you.

Ready for the Next Step?

If Universal life insurance seems like a good solution to your life insurance needs, why wait?

Contact an Agent

Here are other products that may interest you

Term Life Insurance

Simple, easy-to-qualify-for protection for a temporary life insurance need.

Learn More about Term Life Insurance
Whole Life Insurance

Permanent Life insurance to meet long term needs.

Learn More about Whole Life Insurance

We are here for you

Talk to us, we're listening: 877-202-2676