Universal Life Insurance

Designed with flexibility in mind, National Mutual Benefit's Universal Life plans combine key features of Whole Life insurance with the advantages of term insurance.

Benefit Universal Life
NMB’s Benefit Universal Life is the ideal product for those who want insurance that can be custom-tailored to their needs and budget. UL’s flexibility allows it to be tailored to a wide variety of financial goals and payment plans. Insureds can pay a higher or lower premium amount (subject to contract requirements) and can adjust death benefits through increases or reductions.

Policy Form 0108. Not available in all states.

Dual Benefit Universal Life
NMB’s First-To-Die Dual Benefit UL is the ideal product for two-income families or business partners who have a shared need for a single death benefit. Examples include, a home mortgage, income replacement or business debt. First-To-Die UL avoids the cost of writing two separate policies. Dual Benefit UL pays one death benefit on the life of the first insured to die.

Policy Form 1308. Not available in all states.

Lifetime Benefit Universal Life
NMB’s Lifetime Benefit Universal Life is the ideal product for those who are looking for guaranteed lifetime insurance protection with our lowest possible premium. Although it also offers the flexibility of a universal life policy, this product provides death benefit guarantee rather than cash value. The Lifetime Benefit Universal Life offers peace of mind, knowing what it takes to keep your policy in force. 

Policy Form 0208. Not available in all states.

For more information about our products contact our Home Office or find your local sales office.

*Cash values can be accessed through loans and/or withdrawals, but these will reduce the death benefit. In addition, withdrawals from some policies may be subject to surrender charges and could have a permanent effect on the cash value and the death benefit.

National Mutual Benefit is authorized to conduct business in 11 states: Arizona, Colorado, Illinois, Iowa, Michigan, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming. Products issued by National Mutual Benefit are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states.

Guarantees are backed by the financial strength and claims paying ability of National Mutual Benefit.