Universal Life Insurance with Investment Option

Features and Overview of Foresters Universal Life Insurance with Investment Option Product

Variable life insurance offers two death benefit options namely, option A and option B. The death benefit for option A is equal to the policy’s “face amount” and for option B, the death benefit is equal to the sum of the policy’s face amount plus the total Accumulation Value. It offers important tax advantages such as income tax-free death benefits, tax-deferred cash value growth, and tax-free exchange between subaccounts.

• Variable life insurance that offers a number of benefits and features such as flexible premium payments, 10-year no-lapse guarantee, control over the policy, and cash value accumulation.
• The plan offers two death benefit options, namely, option A and option B. Option A is equal to the policy’s “face amount” and for option B, the death benefit is equal to the sum of the policy’s face amount plus the total Accumulation Value.
• The plan offers important tax advantages such as income tax-free death benefit, tax-deferred cash value growth, and tax-free exchanges between subaccounts.
• The policy offers investment options that allow you to build cash value with a fixed account and professionally managed subaccounts.
• You can further customize your plan with the insurance riders such as waiver of monthly deduction, spouse’s term life insurance rider, accidental death benefit, children’s term life insurance rider, and accelerated death benefit.
• Before opting for this coverage, it might be necessary to consider the risk of lapse, investment risk, tax risks, and risks of policy loans.

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