Founded in 1889, UL Mutual is one of the oldest insurance companies in Canada. Benefiting from an asset that has been growing for more than 25 years,
UL Mutual is recognized in the insurance and financial services market for its financial strength.
The UL mutual has a solvency ratio of more than 300 %, one of the best in the industry!
UL Mutual is a Quebec-based insurance company, UL Mutual Life services the Canadian provinces of Quebec, Ontario, and New Brunswick. UL Mutual has a variety of investment products available to these markets, and also offers life insurance.
UL’s Integral-Equitable Permanent Life Insurance plan allows a policyholder to cease premium payments while retaining coverage. This plan also allows the option for a policyholder to merge the policy with another life insurance plan from the company.
A permanent life insurance policy that generates a higher cash value than many competitors’, UL’s Adaptable-Equitable policy allows an insured person a variety of premium payment options, including a 20-year payment plan, or the ability to pay up until a certain age.
UL’s Ulysses 2000 Universal Life Plan allows policyholders to choose how they want to invest their savings. This plan allows a policyholder to utilize savings invested to reduce premium payments, or to bolster one’s coverage.
A term life insurance plan offered by UL Mutual, these policies have 10-or 20-year terms, as decided on by the policyholder. Depending on the health of the applicant, there are several rates of premium payments available.