Universal life insurance
Universal life insurance combines traditional life insurance and a tax-advantaged investment component. You select an investment mix that is as individual as you are – taking into account the amount of investment risk you're comfortable with and your financial goals and circumstances.
As your cash value accumulates, you can use it to pay the cost of your insurance or, depending on the option you select, to increase the total death benefit.
This type of life insurance is particularly suited to people who want to actively manage the investment component of their life insurance policy.
Universal life insurance can help you meet financial responsibilities and opportunities that can develop during your lifetime.
