Ultra Life® Universal Life Insurance
Ultra Life Universal Life Insurance may be a practical solution to provide protection for an entire lifetime1 with the flexibility to adjust coverage as needs change. This policy may build cash value, which grows tax-deferred and can be used during your lifetime. Additionally, the Extended No-Lapse Guarantee Rider guarantees the policy will be available to beneficiaries when they need it, as long as premium requirements are met. Ultra Life offers a death benefit that can be guaranteed throughout a lifetime — even past age 1002.
Benefits of Ultra Life Universal Life Insurance
We understand that it's a challenge to find time to plan for the future, but protecting yourself and your family is important. Ultra Life can help give you the peace of mind you need. Some additional benefits include:
Permanent protection to cover a family
Ability to increase or decrease coverage through life3
Policy builds cash value, which grows tax-deferred
Could This Universal Life Policy Be Right for You?
Ultra Life's flexibility and competitive cash value accumulation features may benefit a variety of situations and life stages. You might want to consider universal life insurance if:
You want to leave a legacy to your family or charitable organization in the form of a life insurance death benefit.
You've just welcomed your first child. You may want to provide life insurance to help protect your family, while also building cash value you can access and put toward tuition when it's time for your child to attend college.
You might retire soon.
You just started a business partnership. Should one of you pass away unexpectedly, you want to help ensure the surviving partner has the financial means to continue the business.
Ultra Life helps meet protection needs, whether large or small. Choose a level death benefit or a death benefit that increases along with the policy's cash value. This policy provides flexibility to increase or decrease coverage through life3.
This policy could protect for an entire lifetime. After death, the death benefit selected will go to the beneficiary to use as they see fit — such as paying off a mortgage, funding a child's education, supporting a favorite charity or simply helping the family maintain their lifestyle.
Premiums paid on an Ultra Life Universal Life policy build cash value, which grows tax-deferred and can be used during a lifetime. Cash value built can help fund a major purchase, be withdrawn or be borrowed against through an interest-bearing policy loan to help in times of emergency or special need4.
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Consider Ultra Life
Learn about our flexible premium universal life insurance, and determine if it's the best choice for you.
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.
1 Life insurance policy guarantees are subject to the timely payment of premiums. Loans and withdrawals will reduce the death benefit. As long as the no-lapse guarantee is in effect, the policy is guaranteed not to lapse. 2 The Extended No-Lapse Guarantee rider must be selected. By paying only the No-Lapse Guarantee Minimum Monthly Premium you may be forgoing the opportunity to build a higher Account Value. Withdrawals, loans and late payments may require that additional premium be paid to keep the No-Lapse Guarantee active. You may need to make significant additional premium payments after the No-Lapse Guarantee expires to keep your policy in force. Non-payment of the Minimum Monthly Premium, or changes to the Specified Amount or Death Benefit Option may also cause a loss of the No-Lapse Guarantee feature. 3 Increases in coverage are subject to underwriting based on health and other factors. 4 Assumes the policy is not a modified endowment contract, the withdrawals do not exceed cost basis, and the policy does not lapse. Loans will accrue interest. Loans and withdrawals may generate an income tax liability, reduce the account value and the death benefit, and may cause the policy to lapse. Sufficient premium and account value are necessary to cover insurance costs and charges.
Flexible Premium Adjustable Life Insurance Policy series ICC18 1808-4000 WSA, Extended No-Lapse Guarantee Rider 0807-1565 WSA issued by Western-Southern Life Assurance Company, Cincinnati, Ohio, 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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