Life insurance is not for you.
It's for the people who depend on you.
What if something unexpected happened to you today or tomorrow? Would your family have the funds they need to:
- Pay final expenses, such as the 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 day to day living expenses?
- Provide your children the education you planned for?
With Colonial Life's Universal Life Insurance, you have the flexibility you need to help protect the life you're building. Universal Life Insurance helps provide long-term life insurance protection for all of life's stages.
Features of Colonial Life's
Universal Life Insurance
- Tax-free benefit since life insurance benefits are typically free from income tax for the beneficiary.
- The flexibility to increase or decrease your premiums or death benefit as your needs or goals change.
- Portable coverage you can keep if you change jobs or retire.
- Cash value that builds on a tax-deferred basis with a credited interest rate guaranteed to never go below 4 percent.
- Accelerated Death Benefit that provides a benefit of a percentage of the death benefit if insured is diagnosed with a terminal illness.
- Spouse and dependent children coverage available.