Universal Life Insurance

What if something unexpected happened to you? Would your family have the funds they need to:

• Pay final expenses, such as funeral costs and medical bills?
• Pay off debt, such as credit cards and car loans?
• Pay off the mortgage so they can remain in the family home?
• Replace your lost income they depend on for everyday living expenses?
• Provide your children the education you planned for?

With Universal Life insurance from Colonial Life & Accident Insurance Company, you have the flexibility you need to help protect your family’s way of life. Universal life insurance helps provide long-term life insurance protection for all of life’s stages.

• The policy provides a benefit for the beneficiary that is typically free from income tax.
• It offers flexibility to increase or decrease your premiums or death benefit as your needs or goals change.
• You can keep coverage if you change jobs or retire.
• The policy provides cash value that builds on a tax-deferred basis with a credited interest rate guaranteed to never go below 4 percent.
• The policy’s accelerated death benefit can provide a percentage of the death benefit if the insured is diagnosed with a terminal illness.
• Spouse and dependent children coverage options are available.