Universal Life Insurance

What is universal life insurance?A universal life plan builds fund value while providing flexible life
insurance coverage to meet your changing needs. Premium payments are
adjustable, as is the amount of insurance coverage you select. Fund
value accumulations are tax-deferred and earn a competitive rate of
interest. Cost of insurance charges and expense charges are deducted
each month.

How does universal life insurance compare with term life insurance?

Universal life gives you the security of term life insurance
with the added advantage of flexibility. You can choose to change the
face amount of your insurance (subject to evidence of insurability), or
decrease, skip or even stop your premium payments as long as there is
sufficient fund value to cover your premium. These options available to
you through universal life insurance may make it the last life
insurance policy you’ll ever need.

What company insures the plan?

American Heritage Life Insurance Company is a wholly-owned
subsidiary of The Allstate Corporation, one of the largest insurance
companies in the nation. American Heritage Life Insurance Company is
rated “A+” (Superior), by A.M. Best (2005), an independent rating
service that reviews the financial status of thousands of insurers.
Ratings reflect Best’s opinion of the relative financial strengths and
operating performance of an insurance company in comparison to the
norms of the life/health insurance industry.

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