Key Benefits of Flexible Universal Life Insurance Policies

Adjust how much you pay each month within policy limits to match your financial situation.

What Is Universal Life Insurance?

Universal life (UL) insurance is a type of permanent life insurance that offers significantly more flexibility than whole life. With a UL policy, you can adjust your premium payments and death benefit over time to match your changing financial needs.

Like whole life, universal life builds cash value — however, the interest rate fluctuates based on market conditions, typically subject to a guaranteed minimum rate. For additional consumer information about universal life and other cash-value life insurance policies, see the National Association of Insurance Commissioners (NAIC) life insurance guide.

Universal life is an excellent choice for individuals whose income may vary from year to year, or who anticipate their insurance needs changing significantly over time.

Key Benefits

Flexible Premiums

Adjust how much you pay each month within policy limits to match your financial situation.

Adjustable Death Benefit

Increase or decrease your death benefit as your life circumstances change.

Cash Value Accumulation

Your policy cash value grows based on current interest rates, subject to a guaranteed minimum.

Access to Cash Value

Borrow against or withdraw from your cash value for major life expenses.

Permanent Protection

Provides lifelong coverage as long as your cash value sustains the policy.

Policy Customization

Add riders for additional benefits like accelerated death benefit or disability waiver.

Who Is It For?

Universal life insurance suits individuals who value flexibility and want permanent coverage that can adapt to life changes.

Ambitious professionals aiming for higher earnings

Secure your family with flexible permanent life coverage

Leverage life insurance to boost your retirement savings.

Adjusting your life insurance policy as your family expands

Flexible, adaptable insurance solutions for your essential team members

How It Works

Customize Your Personalized Insurance Policy

Consult with a SecureLife advisor to establish your personalized premium, death benefit, and long-term financial savings goals.

How Insurance Premiums Support Your Policy Coverage

Typically, a portion covers the cost of insurance; the remaining amount flows into your cash value account.

Refine Your Configuration to Achieve Greater Performance

As your needs change, adjust premiums and death benefits as needed.

Unlock Lasting Rewards and Secure Your Future Success

Over time, you can use your policy to access cash, lower retirement costs, or manage your estate planning needs.

Frequently Asked Questions

What is the minimum premium I must pay?

Your policy has a minimum premium required to keep it in force. Your advisor will help you understand optimal premium levels.

How is interest credited to my cash value?

The insurer credits interest based on current rates, typically with a guaranteed floor of 2-4%.

What happens if my cash value runs out?

If your cash value is depleted, your policy may lapse. Therefore, review your policy performance periodically with your advisor to help keep your coverage on track.

Can I convert a term policy to universal life?

Depending on the policy, many of our term policies include a conversion privilege that allows you to switch without a new medical exam.

Ready to Get Started with Universal Life Insurance?

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