You may be able to adjust how much you pay into your policy as long as you keep enough available cash value

You can borrow against a portion of your policy's cash value to help you pay for the unexpected

With our Whole Life options, you can help make sure your loved ones receive guaranteed benefits after you're gone - no matter when that is.

What is Universal Life?


This permanent policy with flexible premium payments and death benefits can help protect your loved ones while building tax-deferred cash value.



How a Universal Life policy works


A UL insurance option provides more flexibility than whole life insurance. Policyholders can adjust their premiums and death benefits. UL insurance premiums consist of two components: a cost of insurance (COI) amount and a saving component, known as the cash value.

As the name implies, the COI is the minimum amount of a premium payment required to keep the policy active. It consists of several items rolled together into one payment. COI includes the charges for mortality, policy administration, and other directly associated expenses to keeping the policy in force. COI will vary by policy based on the policyholder’s age, insurability, and the insured risk amount. 

Collected premiums in excess of the cost of UL insurance accumulate within the cash value portion of the policy. Over time the cost of insurance will increase as the insured ages. However, if sufficient, the accumulated cash value will cover the increases in the COI.


You have the ability to increase or decrease your death benefits

Benefits of Universal Life Insurance

Call us at 270-847-1384 or email us below to schedule an appointment or to request a quote! 

Universal Life