Home » Finance » Human Resource Department » Employee Benefits » Universal Life Insurance


Universal Life Insurance

Transamerica Life Insurance
P.O. Box 8063
Little Rock, AR 72203-8063

Voluntary Universal Life Insurance, offered through Transamerica, combines life insurance protection with an ability to grow cash value. You have the safety and security of a specified death benefit plus the opportunity to tailor your coverage to your personal situation. Individual or family coverage is available and the policy is guaranteed issued up to $100,000.

To address employee concerns about losing coverage because of a layoff. The layoff waiver protects your life insurance from lapse up to six months if you are involuntarily laid off. You must have been employed on a permanent, full-time basis. The layoff must be due to: a reduction in work force due to economic conditions; a decrease in your employer