A smart solution

SunSpectrum Universal Life II insurance combines permanent insurance protection with a wide variety of investment account options for tax-preferred savings growth. Coverage can be customized with a variety of optional benefits. We have carefully selected the policy fund investment account options to accommodate your individual risk tolerance.

You should consider this product if:

  • You want a straightforward plan that offers the flexibility to meet your needs today and tomorrow.
  • You are comfortable managing your insurance coverage within your overall financial plan
  • You’d like to be able to have your policy become paid-up in the future.

Plan details:

Coverage options

  • Single life
  • Joint first-to-die
  • Joint last-to-die with cost of insurance payable to the first death
  • Joint last-to-die with cost of insurance payable to the second death

Death benefit option

SunSpectrum Universal Life II offers the death benefit type known as the Insurance amount plus policy fund. On the death of an insured person, the beneficiary receives the insurance amount plus the policy fund value, less any outstanding policy loans including interest.

Investment account options

SunSpectrum Universal Life offers a variety of investment account options that let you design and investment mix that meets your risk profile and savings goals. You can choose one or a combination of these options:

Additional features

Optional benefits

The following optional benefits may be available to add to your SunSpectrum Universal Life II policy, letting you further tailor your coverage to your needs.

Sample policies

Read examples of text that can appear in a policy. Not all the provisions apply to every policy – it is for your reference. When we issue a policy it governs the relationship between us and the client. The policy can have provisions that are different from those that you've read here.

 SunSpectrum Universal Life II - One insured person
 SunSpectrum Universal Life II- Joint first-to-die
 SunSpectrum Universal Life II - Joint last-to-die – COI to second death
 SunSpectrum Universal Life II - Joint last-to-die – COI to first death

Additional features

 SunSpectrum Universal Life II - Optional benefits