UL satisfies customers' needs for death benefit coverage in the event of a premature death, while accumulating cash reserves for college and retirement. These products can be tailored with various options for premiums and coverage limits. A UL policy never lapses if the planned premium payments are made on time. Annuity Contracts Annuities present an option for long-term savings programs. Customers can begin with flexible payments or a single payment from an IRA rollover account.
Annuities earn a competitive interest rate, guaranteed for a set period of time.
All taxes are deferred on earnings from an annuity and are not due until the proceeds are withdrawn. Disability Insurance Protects the income of an individual who suffers a nonoccupational injury or illness. This coverage replaces wages or earnings based on actual loss. This policy ensures that a business remains open and continues operations when a principal or owner becomes disabled. This protects the viability of a business when a key individual is vital to revenues and operations.