Universal Life Insurance

Protective Advantage life insurance provides strong, dependable guarantees that offer lasting financial security, including the option to guarantee the death benefit for the client’s entire lifetime. This ensures that loved ones will receive the intended protection no matter how long the policyholder lives. The policy is also designed with flexible premium options, allowing clients to tailor their payment structure based on their financial goals—whether they prefer to pay level premiums for life, pay over a set number of years, or adjust premiums to align with changing income levels. In addition to lifelong protection, universal life policies offer valuable cash value growth potential. This cash value accumulates on a tax-deferred basis and can be accessed in the future to help cover significant expenses such as college tuition, supplemental retirement income, or unexpected emergencies. A standout feature of this policy is the client-friendly return of premium endorsement, which provides the flexibility to access the premiums paid into the policy at no additional cost. This can be especially helpful later in life, giving clients more control over their finances while still maintaining core coverage.

Protective Advantage life insurance provides strong, dependable guarantees that offer lasting financial security, including the option to guarantee the death benefit for the client’s entire lifetime. This ensures that loved ones will receive the intended protection no matter how long the policyholder lives. The policy is also designed with flexible premium options, allowing clients to tailor their payment structure based on their financial goals—whether they prefer to pay level premiums for life, pay over a set number of years, or adjust premiums to align with changing income levels. In addition to lifelong protection, universal life policies offer valuable cash value growth potential. This cash value accumulates on a tax-deferred basis and can be accessed in the future to help cover significant expenses such as college tuition, supplemental retirement income, or unexpected emergencies. A standout feature of this policy is the client-friendly return of premium endorsement, which provides the flexibility to access the premiums paid into the policy at no additional cost. This can be especially helpful later in life, giving clients more control over their finances while still maintaining core coverage.

Executive universal life insurance is designed to be easy for employers to administer while offering meaningful, customizable benefits to key employees. Managing employee information is straightforward—everything is handled through a simple census that can be updated as needed, streamlining enrollment and ongoing administration. Employers have the convenience of making one consolidated premium payment, saving time and reducing complexity. This type of plan is also a cost-effective carve-out solution, allowing businesses to offer a tailored benefit specifically to their executive or highly compensated employees. Unlike traditional group life insurance, which often provides limited coverage, executive universal life offers a more valuable and personalized option that can enhance recruitment, retention, and overall employee satisfaction. It also creates a stronger incentive for employees, as they have the option to contribute additional premiums to build individual cash value within their policy. This cash value grows tax-deferred and can be used for future financial needs. Plus, the coverage is portable, so employees can take it with them if they leave the company—making it a benefit with lasting impact.