Universal Life Insurance
Group Universal Life Insurance is permanent coverage that can be customized to your changing financial needs throughout your life. Your policy builds cash value that earns interest. So whatever life throws your way, you’ll have peace of mind in knowing your loved ones will be taken care of.
- Up to $200,000 in coverage for active members under age 76
- Up to $25,000 in coverage with no medical exams—every year!
- Up to $25,000 in coverage for your spouse/domestic partner
- Up to $25,000 in coverage for dependent children and grandchildren
- Loans can be taken out on the policy’s cash value
- No termination age
- Portable coverage you can take with you even if you change jobs
- Flexible coverage: select both your premium payment and your coverage amount (within policy guidelines)
- Premiums can be automatically deducted from your paycheck