Protection Life Universal Life Insurance
Protection Life Universal Life Insurance provides a simple, practical solution to help make sure a family is protected. This policy offers flexible, permanent, lifetime coverage at an affordable premium. If you seek a low-cost death benefit and do not need as much cash value, Protection Life may be a fit for you.
You've worked hard to provide a good life for your loved ones. Protection Life can help make sure this doesn't change.
Benefits of Protection Life Universal Life Insurance
Protection Life is flexible, permanent, lifetime life insurance that provides many benefits including:
An affordable premium that guarantees a death benefit throughout a lifetime
A level death benefit with the flexibility to increase and decrease coverage as needed
A way to transfer wealth to loved ones
A no-lapse guarantee as long as sufficient premiums are paid
Additional protection by choosing from a number of riders, or add-on benefits, available at an additional cost, to customize your policy to meet your specific needs
Could This Universal Life Policy Be Right for You?
Protection Life may be a fit for a variety of needs. Consider our flexible universal life policy if:
You own a small business and depend heavily on a key employee. You need peace of mind knowing you'd have a death benefit to help recruit, hire and train a replacement should your key employee pass away unexpectedly.
You have been married 45 years. You aren't concerned about cash value growth, but do seek an affordable and efficient way to transfer assets to your grandchildren.
Your children have graduated from college and have left the nest. You no longer need access to cash value, but still need flexible life insurance coverage to cover final expenses after you pass away.
Figuring out how much life insurance to buy depends on your annual income and how long your family will need to rely on this income. You can quickly determine your coverage amount by answering three simple questions. For a more detailed analysis, try our advanced calculator, which takes into consideration your assets, debt, final expenses, childcare and education costs.
Protection Life offers a level death benefit with the flexibility to increase and decrease coverage as needed. Paying the required minimum No Lapse Guarantee premium is required and paying excess will allow your cash value to grow more rapidly.
You can get additional protection by choosing from a number of riders or options. These riders give you the flexibility to customize your Universal Life policy to meet your specific needs. The following riders are currently available in most states: Accelerated Death Benefit or Accelerated Death Benefit Plus, Accidental Death Benefit, Children's Term, Guaranteed Insurability, Other Insured, Owner Waiver of Deductions, Supplementary Term and Waiver of Deductions.
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Consider Protection Life
Learn about our universal life insurance, and determine if it's the best choice for your needs.
Eighty-four percent of Americans would agree most people need life insurance, yet when asked, only 57% said they needed any. (Insurance Barometer Study, LIMRA & Life Happens, 2018. Insurance Barometer Study, LIMRA & Life Happens, 2019)
In the event of a tragedy, life insurance can help pay bills and meet ongoing living expenses, pay off debt, including credit cards and mortgage, finance future needs like education, protect a spouse, pay for funeral costs and leave a financial legacy. (LIFE Happens, 2019)
57% of American households have life insurance. (Insurance Barometer Study, LIMRA & Life Happens, 2019)
40% of families would immediately struggle to pay living expenses if the primary wage earner died. (Insurance Barometer Study, LIMRA & Life Happens, 2019)
43% of Americans have no insurance whatsoever. (Insurance Barometer Study, LIMRA & Life Happens, 2019)
Did you know? Over half the population thinks term life insurance is over three times more expensive that it is? (Insurance Barometer Study, LIMRA & Life Happens, 2019)
Of the people who already have a life insurance policy, 1 in 5 admit they don't carry quite enough. (Insurance Barometer Study, LIMRA & Life Happens, 2018)
44% of Millennials overestimate the cost at five times the actual amount. (Insurance Barometer Study, LIMRA & Life Happens, 2018)
3 reasons for not having life insurance are that it's too expensive, I don't have time to get the coverage and I don't know what kind of coverage I need or how much. (Life Happens, 2019)
We can help you insure the ones you love. Start now.
Western & Southern Life
Insurance | Retirement |Investments
The Western and Southern Life Insurance Company, Cincinnati, OH, operates in DC and all states except AK, ME, MA and NY. Western-Southern Life Assurance Company, Cincinnati, Ohio, operates in DC and all states except NY. Western & Southern Life is the marketing name for The Western and Southern Life Insurance Company. Each company is financially responsible for its own products and services.
Flexible Premium Adjustable Life Insurance Policy series ICC18 1808-4001 WSA, Accelerated Death Benefit Rider ICC18 1808-2621 WSA, 1208-2620 WSA, Accidental Death Benefit Rider 9401-1540 WSA, Children Term Life Insurance Rider 0204-1560 WSA, Guaranteed Insurability Rider 0204-1570 WSA, Other Insured Term Rider ICC18 1808-1556 WSA and ICC18 1808-1555 WSA, Owner Waiver of Deductions Rider ICC19 1808-1550 WSA, Additional Term Life Rider series ICC18 1808-1564 WSA, Waiver of Deductions Rider ICC19 1808-1545 WSA issued by Western-Southern Life Assurance Company, Cincinnati, Ohio, which operates in DC and all states except NY.
These policies and benefits may not be available in all states, and benefits may vary by state.
Payment of benefits under the life insurance policy is the obligation of, and is guaranteed by, the issuing company. Guarantees are based on the claims-paying ability of the issuer. Products are backed by the full financial strength of the issuing company.
Life insurance policies contain certain exclusions, limitations, reductions of benefits and terms for keeping them in force. Please contact a financial representative for complete details.
Life insurance products are not bank products, are not a deposit, are not insured by the FDIC, nor any other federal entity, have no bank guarantee, and may lose value.
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