Universal life insurance is a uniquely flexible form of life insurance; premiums or coverage may be increased or decreased at your option. A universal life policy can be tailored to your financial and insurance needs - and changed when your circumstances change - without having to buy a new policy.
Provides permanent insurance; designed to offer a lifetime coverage if you choose. In order to maintain coverage, you must continue to pay premiums sufficient to support the coverage you want.
The policy remains in force as long as required premiums are paid or until the death of the insured, whichever comes first.
Certain valuable riders (or options) can be attached to the life insurance policies to increase the protection you receive. These riders enhance the basic coverage offered under the policy.
If you take a loan against the cash value of a whole life policy, you will incur interest charges due annually on the policy anniversary. If a policy is lapsed or surrendered, any outstanding balance loan may cause a taxable gain, and the loan amount and unpaid interest outstanding will also reduce your death benefit.
To arrange a convenient appointment, simply call us toll-free at 1-800-724-9949. You can also "Get Started" on your insurance coverage right now--online--an M&T Securities Representative will telephone you at your convenience to follow-up, answer any questions and complete the process.
Investment and Insurance Products: • Are NOT Deposits • Are NOT FDIC-Insured • Are NOT Insured By Any Federal Government Agency • Have NO Bank Guarantee • May Go Down In Value
M&T Investment GroupSM is a service mark of M&T Bank Corporation and consists of M&T Securities, Inc., the investment-related areas of M&T Bank and investment advisory firms MTB Investment Advisors, Inc., and Zirkin-Cutler Investments, Inc.
Brokerage services and insurance products are offered by M&T Securities, Inc. (member FINRA/SIPC), not by M&T Bank. M&T Securities, Inc. is licensed as an insurance agent and acts as agent for insurers. Insurance policies are obligations of the insurers that issue the policies. Insurance products may not be available in all states.
