A flexible plan for your
changing insurance needs
ULTRA
FLEX-LIFE
A Universal Life Policy
Customize a life insurance plan
to fit your changing life needs.
Choose
ULTRA FLEX-LIFE
PROTECT YOUR LOVED ONES
FOR THE LONG TERM
Ultra Flex-Life is a universal life policy that can provide
customized protection for a lifetime of coverage. Your
insurance needs evolve over time as your life unfolds.
The coverage amount can be adjusted to fit the needs of
your growing family and changing budget.
In the event of your death, your loved ones will receive
the full value of your policy, generally federal income
tax free. Gain peace of mind knowing that your loved
ones are protected from the undue stress of financial
uncertainty.
A GOOD VALUE
Ultra Flex-Life pays current interest rates on the
accumulation account, and has a guaranteed minimum
interest rate for the life of the policy. In addition, interest is
credited on a tax-deferred basis which boosts the growth
of the cash value.
This makes Ultra Flex-Life a good value for your long-term
insurance needs.
ACCESS TO FUNDS IF YOU
NEED THEM
Ultra Flex-Life is designed to provide flexibility and longterm protection for your loved ones. However, if the
need arises, the Policy Loan feature allows you to access
a portion of the funds allocated to the cash surrender
value of your policy.
ADD PROTECTION WITH
OPTIONAL RIDERS
ULTRA FLEX-LIFE MAY BE RIGHT
FOR YOU IF…
Ultra Flex-Life offers four optional riders to expand your
coverage:
n You want insurance coverage for your whole life.
n Ultra Flex-Life Additional Insured Rider provides
level term coverage for an additional insured.
and premiums that you can customize to fit your
changing needs and budget.
n The Accidental Death Benefit increases your
n You seek competitive current interest rates, with the
coverage with an additional payout if the insured’s
death results from an accident.
n The Children’s Term Rider provides low-cost term life
coverage for all children of the insured, until each
child reaches age 23.
n The Waiver of Monthly Cost Benefit waives the cost
n You seek flexible, affordable life insurance benefits
added benefit of a guaranteed minimum interest rate.
n You want to provide your loved ones with financial
protection.
PRODUCT HIGHLIGHTS
of insurance and expense charges on the policy in the
event the insured becomes totally disabled.*
n Guaranteed minimum interest rate: 3.0%
MAKE YOUR CHOICE TODAY
n Coverage amount can be adjusted.
Learn how Ultra Flex-Life can provide a lifetime of
coverage and financial protection for your loved ones.
FEDERAL LIFE INSURANCE COMPANY (MUTUAL)
n Current rate may be higher based on market conditions.
n Timing and amount of premium payments can
be adjusted.
IMPORTANT INFORMATION
Federal Life is an independently operated provider of
Discuss these important details with your Federal
Life representative.
quality life insurance and annuity products, incorporated
ISSUE REQUIREMENTS
in 1899. We are headquartered in Riverwoods, Illinois, a
• Issue ages: 0 - 70
• Minimum Amount of Insurance: $25,000
• Minimum annual premium: $100.00
• Minimum monthly premium: $10.00
suburb approximately thirty miles northwest of Chicago.
For additional information on our long-term financial
stability, see our Financial Overview brochure or visit us
on the web at federallife.com.
* After a 6-month waiting period and prior to the first policy anniversary on or after the insured’s 60th birthday.
Ultra Flex-Life is an individual universal life insurance policy
underwritten by Federal Life Insurance Company (Mutual).
This brochure is not a contract. Refer to the policy for complete
terms and conditions. Federal tax penalties may be imposed on
certain transactions. Review your personal tax situation and
your use of Ultra Flex-Life with your attorney or tax advisor.
We’re here for you.
Federal Life Insurance Company (Mutual)
3750 West Deerfield Road
Riverwoods, Illinois 60015
(800) 233-3750
federallife.com
L-812212-13