Woman's Life®
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Universal Life Insurance
Purpose:
To provide life insurance protection and competitive cash value accumulation in a certificate that can change as your life changes. With a Woman's Life Universal Life (UL) policy, you have control - not just initially, but over the life of the policy - over how much or little premium you pay and how much death benefit protection you need.
How it works:
Universal Life is permanent, cash value life insurance. Its two key features are control and flexibility. When you apply, you select the death benefit and the premium you wish to pay, within certain guidelines. Net premium payments (premium payment less a 9% premium charge) go into your policy's account value from which deductions are made monthly to pay the cost of insurance.
You can increase or decrease the death benefit as your life insurance needs change (increases are subject to underwriting). You can make additional premium payments, or not make payments at all, as long as your cash surrender value is sufficient to pay the monthly cost of insurance. Coverage will expire when either no premiums are paid following the initial premium or subsequent premiums are insufficient to continue coverage.
A Woman's Life Universal Life policy may be right for you if you want...
Permanent, cash value life insurance coverage. A certificate that offers flexibility and control over both the death benefit and premium. Account value that accumulates at a competitive interest rate that can never fall below the guaranteed minimum rate, providing both opportunity and guarantees. The opportunity and convenience to pay in extra money to take advantage of the tax-deferred buildup of account value. To steadily build value through periodic payments to help assure your financial independence in retirement.
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Decide for yourself. Talk to your Woman's Life Representative or call the Sales Department for details.
Not Available In All States