HomeOur Products Life Insurance Universal Life Insurance › Accumulator Universal Life

Accumulator Universal Life

Allows you to receive permanent life insurance protection today and cash accumulation later.

Is Accumulator Universal Life insurance right for you?

Accumulator Universal Life Insurance offers permanent life insurance protection to meet your present needs, plus a cash value accumulation feature that can provide much needed funds later in life.

Accumulator Universal Life might be right for people who:

  • Want to get permanent life insurance protection with flexibility
  • Want to earn a competitive interest rate on their premiums
  • Are looking for a responsible way to save for the future for loved ones
  • Need funds to cover education expenses or supplement retirement benefits

How does our Accumulator Universal Life insurance work?

Accumulator is a flexible premium Universal Life insurance product designed to build cash value over time. In addition, you are able to decide the type of death benefit that will be paid to your beneficiary. This allows you to provide for your loved ones the way you choose.

There may be certain times in your life when you face higher expenses than normal. In this situation, you may be able to improve your cash flow by reducing or temporarily suspending your premiums.1

Other features of this permanent life insurance policy are:

  • Coverage amounts start at $25,000
  • Builds a cash accumulation value
  • Flexible premiums which allow you to reduce or temporarily suspend premiums1
  • Early access to funds if you should become terminally ill2

Customize your Accumulator Universal Life insurance policy

We understand that everyone's situation is different. That’s why we offer you the option to customize your policy to meet your needs. Here are a few riders that can be added to your policy:

Waiver of Monthly Deductions Rider - Ensures your monthly deductions will be waived while you are disabled, as defined in the rider.

Children’s Term Rider – Can provide up to $20,000 of life insurance coverage per child.

Accidental Death Benefit Rider - Provides an accidental death benefit to your beneficiary if you lose your life due to injuries sustained in an accident.

Call 1-855-880-5750 to speak to a Life Insurance Specialist today.

Disclaimers & Disclosures

1Provided there is sufficient cash surrender value to cover the monthly costs and fees.

2If you are diagnosed with a terminal illness with a life expectancy of 12 months or less, you may request to receive up to 50% of the policy’s death benefit or $500,000, whichever is less. Life expectancy duration varies by state. Requires medical evidence. The remaining benefits payable at death will be reduced by the amount of the Accelerated Death Benefit paid and any accrued and unpaid interest. Benefit may not be available in all states.

Policy Form Series: ICC10-3601, UL-3601

This is a summary of insurance provisions and does not contain all of the benefits and exclusions. For complete terms of the insurance coverage, please contact your insurance professional or refer to the policy.