Universal Life Insurance

Looking for lifelong coverage with room to grow? We’ll help you explore a customizable policy that combines lasting protection with tax-advantaged cash value.

Universal Life Insurance for Long-Term Financial Protection

Universal Life Insurance was created to provide more flexibility than whole life insurance by allowing the policy owner to shift money between the insurance and savings components of the policy. Premiums, which are variable, are broken down by the insurance company into insurance and savings, allowing the policy owner to make adjustments based on their individual circumstances. For example, if the savings portion is earning a low return, it can be used instead of external funds to pay the premiums. Unlike whole life insurance, universal life allows the cash value of investments to grow at a variable rate that is adjusted monthly.

Key Features of Universal Life Insurance

Universal life insurance stands out for its combination of protection and financial strategy. Here’s what makes it unique:


Flexible Premiums:
You have control over how much and how often you pay, within certain limits. You can even use your policy’s accumulated cash value to cover premiums.


Lifelong Coverage:
As long as the policy is maintained, your coverage does not expire—making it a reliable option for legacy planning and final expense protection.


Cash Value Growth:
A portion of your premiums is invested and grows tax-deferred. This can be used for future needs, such as supplementing retirement income or funding large expenses.


Adjustable Death Benefit:
You can increase or decrease your death benefit (subject to underwriting), giving you the ability to match your policy to life’s changes.

Is Universal Life Insurance Right for You?

Choosing the right life insurance depends on your goals. Universal life may be ideal if you:



  • Want lifelong protection with the ability to adjust your premiums
  • Are interested in accumulating cash value for future use
  • Need flexible coverage that adapts as your life evolves
  • Are focused on estate planning or leaving a financial legacy

Common Uses for Universal Life Policies

Universal life insurance isn't just about protection—it’s a powerful planning tool:



  • Retirement Supplement: Use the policy’s cash value to support your income in later years.
  • Education Planning: Borrow against the policy to help fund college tuition or training.
  • Wealth Transfer: Provide tax-advantaged inheritance to loved ones or charities.
  • Business Planning: Fund buy-sell agreements or executive benefit plans.