It’s the lifetime protection and flexibility of universal life insurance that attracts many clients to this type of coverage. Our universal life products offer all this, plus predictable features and extras to help you deeply serve clients and protect their goals.
Why offer universal life insurance?
Your clients who want permanent protection with flexible options will enjoy these benefits:
Compare different types of universal life insurance
Get a quick overview of two types of universal life insurance and considerations for each one.
Traditional universal life insurance
Can come with a variety of options but typically offers cash value, flexible premium payments and lifetime coverage
Key highlights
- Lifetime death benefit coverage
- Flexible premiums
- Minimum guaranteed interest rate
- Cash value growth potential and access
Considerations
- May be more expensive than term life insurance
- Can be more complex as options and features are introduced
- Interest rates may not be as high as with other types of cash value life insurance
Variable universal life insurance
Premium payments can be allocated among different investment options to offer the potential for even greater cash value accumulation
Key highlights
- Lifetime death benefit coverage
- Flexible premiums
- Cash value growth potential and access
- Cash value is invested without the limit of a cap
Considerations
- Investment expenses apply
- Policy has downside risk if investment options lose value
- Clients may have to pay higher premiums to keep their policy in force
See how our universal life products can protect your clients’ goals
Explore our universal life insurance products, each offering different features and benefits to protect a wide range of client goals.
Other related topics
Term life offers simple, affordable protection for a certain time
Variable universal life for maximum growth potential
Life insurance protection your clients can count on
We’re here for you
Everyone deserves peace of mind when it comes to safeguarding what’s most important. We’re ready to help you deliver the protection and security your clients deserve. Reach out to us anytime for questions and support, and we’ll get in touch with you as soon as possible.
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