Whole
Life Insurance
Whole Life Insurance protects you for your whole life, from the
day you purchase the policy until you die, as long as you pay the
premiums. It is also called permanent insurance.
Custom Whole Life Insurance
University Associates Custom Whole Life Insurance is the first
whole life insurance product that allows you to select how long
you pay premiums. The unique flexibility of Custom Whole Life
allows you to coordinate the paid–up date of your policy
precisely with your individual financial goals and timetable,
while enjoying all the traditional features of whole life,
including lifetime life insurance protection and tax–deferred
cash value accumulation.
Modified Premium Whole Life
Insurance
Modified Premium Whole Life Insurance is insurance that protects
you for your whole life, from the day you purchase the policy
until you die, as long as you pay the premiums. It is a form of
permanent insurance that accumulates cash value and is eligible to
receive dividends. It differs from Whole Life in that it features
a lower initial premium that remains level for the policy's first
five years. The premium increases in year six and remains at that
level for as long as you own the policy.
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