Variable Universal Life Insurance
Protection and financial flexibility
Variable universal life insurance is permanent life insurance that provides the protection you need while offering you the opportunity to invest in the market. Plus it offers flexibility and control by allowing you to customize your policy based on your unique needs.
The cash value of a variable life insurance policy is not guaranteed and you bear that risk. However, by choosing among the available investment options, you can allocate assets to fit your individual investing style, reflecting your personal risk tolerance.
Some of the key benefits of variable universal life include:
- Income tax-free death benefit
- Lifetime protection
- Opportunities to participate in the equities market
- Tax-deferred growth
- Flexible death benefit and premium amounts
- Income tax-free access to your cash value (when properly structured) for:
- Emergencies
- College education
- Retirement income
- Other needs
Remember, accessing policy cash value through loans and surrenders may cause a permanent reduction of policy cash values and death benefit.
All guarantees are based on the continued claims paying ability of the issuing company and do not apply to the performance of the variable subaccounts, which will vary with market conditions.
Variable life insurance is a complex investment vehicle that is subject to market risk, including the potential loss of principal invested. Before you invest, be sure to ask your financial advisor about the variable life insurance policy's features, benefits, risks and fees, and whether the variable life insurance is appropriate for you, based on your financial situation and objectives.