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Utica National Life Insurance Company-Utica LIFE - Form 10-P-31NY

Frequently parents will look for ways to help out their children and their grandchildren. Often this assistance is financial in nature. In response to these situations, the Grandparent / Grandchild Insurance Option was recently developed. This plan is based upon a Universal Life Insurance policy. It can be designed to meet these objectives:

  • Lifetime protection for grandchildren
  • Cash value account growth
  • Only four premium payments for the grandparent (single payment annuity option)

This plan was not designed for a "minimum" premium payment. It is recommended the plan be designed for a "maximum premium payment" in order to fund a greater growth in the cash value account. This will provide significant funds for the grandchild to use towards college, a wedding, a first home, or any other need.

This is a brief summary of benefits. Complete information will be found in enrollment kit.

Complete our Benefit Request Form for additional information regarding our benefits by Clicking Here.

After you receive your quote you should call the NCBA "HELP DESK" at 1-888-376-6020 to schedule a time to review your decision and enroll in the plan.