Security UL
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Security UL

Security UL is easy-to-understand, easy-to-manage universal life insurance. Many call it the “pure protection” universal life plan. While it does offer six investment accounts, its focus is on its affordable permanent insurance.

  • Flexibility to customize your plan to meet your individual needs. With Security UL you can insure one or more people, add extra benefits or change your coverage in the future.
  • Access to quality investment accounts. Security UL has a mandate to be easy to understand and manage. That’s why the investment accounts available are hand-picked to offer you the safety and security of simple accounts and some equity-linked accounts that offer you the potential to increase wealth if you choose.
  • Guarantees that give you added peace of mind. We have built several guarantees into Security UL – so you can buy the insurance with the confidence of knowing things won’t change. Your premiums are guaranteed not to increase, we guarantee administration charges won’t change and we offer an investment account that guarantees you a minimum interest rate for the life of the policy.
  • Information to manage your policy. With Security UL, you can choose how much information you need about your policy. You will receive a colourful, informative statement up to four times a year or if you want more immediate information, you can track your investments with our universal life website
  • Potential for lower premiums with our Healthstyles program. Healthstyles is a better way of determining what you should pay for your life insurance. We look in greater detail at your health and lifestyle and reward your healthy living with improved rates.
  • Rewards for keeping your policy long-term. The Security UL Bonus gives you extra interest on the money you keep in your policy once you’ve reached the 5th policy anniversary.
And only Security UL offers you the opportunity to enhance your plan by adding the features and benefits provided by Manulife’s other universal life insurance, InnoVision.

Each Security UL plan includes the InnoVision Advantage Option. It is your choice whether or not you ever want to “exercise” this option. But having it available gives you extra peace of mind. If your needs change in the future and you want to focus less on pure protection and more on wealth accumulation, you can include InnoVision’s features and benefits to your policy, including those that give you the opportunity to maximize your wealth.

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