Flexible Premium Universal Life

Worksite Universal Life is a flexible-premium, nonparticipating universal life contract with a guaranteed minimum interest rate.

Key benefits

  • Money purchase design allows the employee to set aside increments of $3, $4, $5, $7, $10, and $12 per week
  • 2.5% guaranteed interest rate
  • Minimum $5,000 or face amount equivalent to a minimum $3 per week, whichever is higher
  • Maximum $150,000 limit to issue face amount; $250,000 including all “add-a-buck” increases
  • Children or grandchildren face amount supported by $3 or $3.50 weekly premium (Individual child policy not available if the Children’s Term Rider is selected)

Downloads
Worksite Universal Life (PDF)

Products are underwritten by Conseco Health Insurance Company, Conseco Insurance Company and Coventry Health Care.