Please note: We are not affiliated with the State of New Jersey Temporary Disability Plan. Click Here or call (609)292-7060 for more information.

Universal Life Coverage

Did you know that the group term life that you have while you are employed is reduced upon retirement, and disappears when you reach age 80?

Universal Life coverage with Allstate Workplace Division allows you to apply for universal, portable coverage that accumulates tax-deferred cash value.

Universal Life insurance provides flexibility and control over your life insurance needs by allowing you to increase or decrease the premium payments and/or coverage amounts to meet your changing total coverage needs. Note - Increases in coverage may be subject to evidence of insurability.

  • Employee, Spouse and Child coverage available
  • Payroll Deduction
  • Minimum Guaranteed Interest Rate of 4.5%
  • Annual Report of your policy values
  • Income Tax-free death benefit for your beneficiary
  • Optional Accelerated Death Benefit/Living Benefit Rider allows you to "tap" into your death benefit while you are alive, if you are diagnosed with a Terminal Illness (see rider for details)
  • Considered a permanent form of insurance
  • Simplified Issue up to $ 150,000
  • Option to use the policy to purchase reduced benefit, paid up insurance
  • Choice of riders available

Contact us at 877-652-3637 for other available plans and details.

Allstate Benefits products are underwritten by American Heritage Life Insurance Company.
AFLAC products are underwritten by American Family Life Assurance Company of Columbus.
Colonial Life products are underwritten by Colonial Life & Accident Insurance Company.
Transamerica plans are underwritten by Transamerica Employee Benefits.

All product descriptions on this website are for general educational purposes only, and based on policies approved for sale in the State of NJ, United States, only. Other products are available that may not be listed, and for other states also. Please contact us at 877-652-3637 for details.