Universal Life 2

Universal Life
Heritage is StateTrust’s Universal Life Insurance product. It is a permanent life insurance, where the excess of premium payments above the current cost of insurance and other deductions is credited to the cash value of the policy. The interest credited to the account based on the cash value is determined by StateTrust Life and Annuities.
Characterisitcs
Underwriting Age: 3 months up to 65 years old.
Insured Period: Until age 99.
Premiums: Flexible with an annual minimum of $1,400.
Payment Frequency: Monthly, Quarterly, Semi-Annually, and Annually.
Benefit: Starts at $50,000.
Currency: US Dollars and Euros.
Investments: A minimum guaranteed yearly return on net cash values.
Riders that are available in our Heritage product include:
  • Accidental Death Benefit.
  • Additional Term Insurance.
  • Spouse-Other Insured.
  • Accelerated Death Benefit in case of Terminal Illness.