Universal Life Insurance - Protection that stays with you - PowerPoint PPT Presentation

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Universal Life Insurance - Protection that stays with you


Universal life insurance is a type of permanent life insurance. This life insurance offers protection for your family and strategies for leaving a legacy to them. It can also help small business owners with continuation planning. If you have any insurance query, contact us at 65 9455 4295 Or Visit our office at 10 Ava Road, Singapore 329949. – PowerPoint PPT presentation

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Title: Universal Life Insurance - Protection that stays with you

Universal Life Insurance
What is Universal Life Insurance?
  • Universal Life Insurance provides the owner the
    flexibility to provide income replacement for the
    owners spouse and family. Universal Life
    Insurance helps the owners to decrease their
    premium outlay to a minimum or even zero.

Characteristics of Universal Life Insurance
  • Universal Life Insurance provides certain
    advantages like Premium Amount, Break Even Year,
    Financing Rates, First Day Cash Value, Surrender
    Value, Credit Rating of Insurer and many more.
    Universal life offers flexibility in the amount,
    method, and timing of premium payments.

Flexibility to Adjust Your Changing Requirements
  • No one can run away from the surprises of life,
    but we can definitely make adjustments.
  • Universal Life helps You during Your hour of need.

Why to have a Life Insurance?
  • Protection
  • Liquidity
  • Tax Relief
  • Money when you need it

Types of Life Insurance
  • Term Life Insurance
  • Increasing/Decreasing term policies
  • Convertible Term Assurance Policy
  • Level Term Life Insurance
  • Renewable term life Insurance
  • Endowment Insurance
  • Joint life endowment plan
  • Money back endowment plan
  • Marriage endowment plan
  • Permanent (Whole) Life Insurance
  • Ordinary whole life plan
  • Limited payment whole life plan
  • Unit Linked Plans

Term Life Insurance
  • Sum assured is payable only in the event of death
    during the term.
  • In case of survival, the contract comes to an end
    at the end of term.
  • Premium Outlay - Paid yearly till coverage
  • Maximum Coverage Term - Till Age 99
  • No refund of premium
  • Non-participating policies
  • Low premium as only death risk is covered.

Endowment Insurance
  • Endowment insurance plans is an investment
    oriented plan which not only pays in the event of
    death but also in the event of survival at the
    end of the term.
  • Is a contract underwritten by a life insurance
    company to pay a Fixed term plus Accumulated
    profits that are declared annually.

Permanent (Whole) Life Insurance
  • Whole life plans are another type of endowment
    plan, which cover death for an indefinite period.
  • When the policy holder dies, the face value of
    the policy, known as a death benefit, is paid to
    the person or persons named in the life insurance
  • It can be with or without profits.

Childrens Life Insurance
  • Insurance companies have started offering risk
    cover plans like limited payment whole life, and
    endowment assurance plan from the age of 12years
    and money back plan from age of 13 years
  • New plans have been specifically designed for
    children where the risk of the child starts much
    earlier say 7 years.

Universal Life Advantages
  • Builds Cash Value
  • One of the key advantages of Universal Life
    Insurance Plan is that it builds cash value
  • No Lapse Option
  • There is a no lapse guarantee as long as
    certain minimum premium payment is paid at a
    certain period.

Unit Linked Plans
  • It has emerged as one of the fastest growing
    insurance products.
  • It is a combination of an investment fund( such
    as mutual fund) and an insurance policy.

(No Transcript)
Contact Us
Universal Life Singapore 10 Ava Road, Singapore
329949 Phone 65-9455-4295 Email
equiry_at_universallife.com.sg http//universallife.c
Get insured
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