United States Login Connect with an agent Foresters Financial Financial solutions Life insurance Universal Life Universal life insurance solutions Flexibility and control for today’s lifestyle. When making choices, you need to strike a balance between the pressures of today and the needs of the future. Universal life insurance can provide you with the flexibility to make changes as your life evolves. These products combine lifetime insurance protection with the potential for tax-deferred1 cash value accumulation. You can even access the cash value if you need it. Universal life has two parts: a life insurance part and a cash accumulation part. The premium you pay is used to cover the monthly costs for the insurance. If the premium paid is higher than the costs for the insurance, the excess is accumulated as cash value and earns monthly interest and grows over time, typically on a tax-deferred basis1, until withdrawn as cash or used to help pay the costs of the insurance. Why consider universal life insurance? Unlike whole life policies, universal life insurance uses current interest rates determined by the insurer, which will usually be above the guaranteed minimum interest rate. Universal life insurance provides premium flexibility within maximum and minimum premium limits, generally provides a tax-free death benefit1,3, can offer the ability to withdraw funds, surrender for cash2 or borrow and use the insurance as loan collateral2. Our universal life insurance options SMART Universal Life insurance Foresters Financial™ also offers Whole life insurance Term life insurance Foresters Financial and Foresters are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society) and its subsidiaries. 1 Foresters Financial, its employees and life insurance representatives, do not provide, on Foresters behalf, legal, tax or estate advice. The information given here is merely a summary of our understanding of current laws and regulations and is not specific to your situation. Consult a tax or legal advisor regarding estate planning and the taxation of life insurance. 2 Withdrawals or loans will reduce the death benefit and cash values and may affect how long the insurance contract is in effect. Surrender charges may apply to withdrawals and surrendering does result in a loss of insurance coverage. Income and growth on accumulated cash values are generally taxable only upon withdrawal: IRC section 72. Ask your tax advisor for details on your specific situation. 3 Proceeds from an insurance certificate paid due to the death of the insured are generally excludable from the beneficiaries’ gross income for income tax purposes. Consult your tax advisor on your specific situation. 413170 US (12/15) Ready to take the next step? Connect with an agent About Foresters Financial The Foresters Financial difference Our story Financial strength Member benefits Senior leadership Newsroom Careers Products & solutions Life Insurance Tools & guides Life insurance needs calculator Customer care Life insurance Make a claim Contact Us For agents Login MyForesters ezbiz Connect with us Legal Privacy Cookie Preferences My Foresters Accessibility Contact Us ezbiz Site Map The products and services described in this website are for U.S. residents only. The information contained herein is not intended as a recommendation of a specific security or investment strategy. Rather, it is intended to be general and informational in nature. Speak with your Representative to discuss your specific situation and financial goals. Foresters Financial is an international financial services provider with more than three million clients and members throughout Canada, the United States and the United Kingdom. Foresters Financial Members are currently only those insured under a life insurance certificate issued by The Independent Order of Foresters. Foresters Financial member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limitations and may be changed or cancelled without notice or are no longer available. Foresters Financial, Foresters, Foresters Care, and Helping Is Who We Are are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Rd, Toronto, ON Canada M3C 1T9) and its subsidiaries, including Foresters Life Insurance Company.