Universal Life Insurance

Universal Life insurance offered through Trustmark Insurance Company is an important part of a balanced financial plan. It is different than Supplemental Term Life insurance in a number of ways. In addition to providing death benefits to your family, this versatile benefit builds cash value that can help with other financial needs such as sending your children to college, or supplementing your retirement.

Your options are flexible, so you can select the insurance protection and cash value components that meet your needs.

Long Term Care Benefit

Provides a monthly benefit of 4% of the death benefit amount, for up to 25 months for a medically necessary stay in a qualified long term care facility or assisted living facility, medically necessary home health care, and adult day care services. Benefits are paid as advance death benefits and will proportionately reduce both the final death benefit payable to the beneficiaries and the plan's cash value. Benefits paid may or may not be taxable, depending on how the IRS interprets applicable portions of the Tax Code.

Restoration of Death Benefit

If long term care benefits are paid from the policy, this feature restores the full death benefit amount to your beneficiary upon your death .

Accelerated Death Benefit

If you become terminally ill and a physician determines that death will most likely occur within 24 months, you may request up to 75% of the plan's death benefit (to a maximum of $225,000, less an administrative fee of $200). The accelerated death benefit is subject to review by Trustmark and is subtracted from the final death benefit.