Financial professionals

Aster in a space suit with an astronaut

Universal life

Spacesuits are made to protect astronauts from radiation, debris and harsh temperatures. At the same time, the fabric must be flexible enough to allow for precise movement.​

They’re sort of like universal life (UL) insurance, with its mix of protection and flexibility. UL policies also provide an engine for cash accumulation, a feature that hasn’t yet made its way to spacesuits.

Universal life could be a good fit for:

A person whoBecause
Wants inexpensive protectionIt may offer generally lower premiums for the same death benefit than other permanent policies
Wants their protection to last for their lifetimeIt is permanent and is most often structured to last for an insured's entire life
Is not as concerned about cash valueLike most permanent policies, it has cash value available, but is typically structured to focus on protection

Key benefits of universal life

Provide a death benefit

Your loved ones get a guaranteed, tax advantaged death benefit if you die

Build cash value

Your premiums create cash value that you can access for needs, including retirement

Adjust premium and death benefit

Stay flexible with the ability to adjust your premium amount and death benefit based on future needs



Universal life: A different trajectory

In the galaxy of permanent life insurance, universal life and whole life might share a solar system, but they’re on different planets. Universal life insurance gives you:​

  • More flexibility with your premiums, including how much and when you pay​
  • Ability to adjust your death benefit amount for your beneficiaries as your needs change

Higher cash value. Lower risk.

​Current assumption universal life guarantees a minimum interest rate backed by the insurance company and a potentially higher credited rate to build cash value within your policy.​

You’ll have lower risk, and subsequently more conservative returns for your cash value, which may make sense for you.​

AuguStarSM Life’s V-Pro universal life insurance provides permanent protection for an affordable premium. It also can accumulate cash value that can be accessed for future use.

Explore universal life

Now that you understand why universal life insurance may be right for you, contact your financial professional to learn more. 

Withdrawals and loans may reduce the death benefit, cash surrender value and any living benefit amount.

Universal life insurance is issued by AuguStarSM Life Assurance Corporation. Product, product features and rider availability vary by state. Guarantees are based on the claims-paying ability of the issuer. Issuer is not licensed to conduct business in NY.

Cookies help us improve your website experience. By using our website, you agree to our use of cookies.