With a universal life insurance policy, you’ll get coverage that lasts throughout your lifetime together with the flexibility to tailor your coverage—and your premiums—to fit your changing life.
- Maintain your policy while increasing, decreasing or skipping premium payments based on your needs.
- Average cost usually lower than whole life at similar coverage amounts.
- Low cost with flexible premiums.
- Income tax-free death benefit.
- Withdrawal or tax-free loans available.