Universal life insurance
Foresters Universal Life Insurance1 gives you the flexibility to consider different insurance and investment choices, all within the framework of a single life insurance contract.
In consultation with one of our independent insurance representatives2, you establish the amount of life insurance required to meet your specific needs and the premium amount that you can afford.
You have one or more investment accounts under the contract, in addition to your death benefit. A portion of your premium pays for your insurance, and the remainder can be saved in the investment accounts. Subject to certain minimums, you have the flexibility to choose the specific portion of your premium payment that goes towards each account. The value of the savings portion and the death benefit depend on the choices you make.
Plus, your universal life contract is flexible. You can reduce the insurance under your universal life contract as your needs change. For example:
You may want more life insurance coverage initially if you are a parent with young children and a mortgage.
Your focus may shift towards investments and away from insurance as your children grow up and your debt obligation is reduced.
To request a personalized insurance quotation or additional information about our universal life insurance products, contact one of our independent insurance representatives2 today.