Ensure your family's financial security and peace of mind, no matter what the future holds.
While nothing can replace the emotional loss of a loved one, life insurance can help ease the financial burden. With the right coverage, you can provide for your family's needs—covering daily expenses, mortgage payments, education, and more.
The Policy Ride is here to support you and your loved ones every step of the way. Plan today to protect tomorrow.
Planning for the unexpected may not be easy, but ensuring your family’s financial security is essential. Term life insurance helps protect your loved ones by providing critical financial support in case of loss.
Basic Term Life – A coverage option often provided by employers for a set period, ensuring your beneficiaries receive essential financial protection.
Supplemental Term Life – An employee-paid option that allows you to increase your coverage as your needs evolve. Coverage for spouses, domestic partners, and dependents may also be available.
Dependent Term Life – Provides financial protection for your spouse, civil union partner, domestic partner, and eligible children.
Losing a loved one is an emotional and financial challenge. Everyday expenses can become overwhelming without proper planning. Life insurance offers a safety net, helping cover funeral expenses, mortgage payments, education costs, and daily living needs.
Term life insurance is an affordable way to ensure financial stability for your family during your working years. The payout goes directly to your beneficiaries, offering peace of mind when it matters most. To find the right coverage, speak with your company’s benefits administrator or contact The Policy Ride for personalized options.
Did You Know?
Life insurance provides financial security by ensuring that your loved ones can meet both short- and long-term financial needs in case of your passing. If you support a spouse, children, or a household, life insurance can help protect them from financial hardships.
Workplace life insurance typically falls into two categories:
Term Life Insurance – Provides coverage for a set period, often tied to your employment. If you stop making payments, the coverage ends. It’s ideal for covering financial responsibilities like mortgages or education costs and can sometimes be continued if you leave your job.
Permanent Life Insurance – Offers lifelong coverage as long as you continue paying premiums. Some policies build cash value over time, which can be accessed through loans or withdrawals. This option is portable, meaning you can keep the coverage even if you change jobs.
Enrolling in life insurance through work offers several advantages,
including:
✔ Affordable group rates
✔ Guaranteed coverage without medical
exams
✔ Easy payroll deductions
✔ Straightforward enrollment and support
tools
Your life insurance needs may change over time due to major life events like marriage, having children, or buying a home.
Many people assume life insurance is expensive, but The Policy Ride’s group plans offer cost-effective coverage options to suit different budgets. Specific rates can be found in your enrollment materials.
By taking steps today, you can ensure that your family is financially protected no matter what the future holds. Speak with your HR representative or The Policy Ride to explore your options and secure peace of mind.
This Group Variable Universal Life Insurance plan combines future protection with a tax-deferred investment feature that you can utilize today.(1)
Provides life insurance coverage for long-term financial security, with the option to take your policy with you if you retire or switch jobs.(2)
Allows flexibility to contribute additional premiums beyond the cost of insurance into a variety of investment options.
Includes an interest-bearing fixed account with a guaranteed minimum interest rate.(3)
Grants access to cash value when needed through loans and withdrawals, with no early withdrawal penalties or surrender charges.(4)
Enables you to start or stop additional premium payments at any time or make a lump sum contribution throughout the year.
For complete details, contact The Policy Ride directly for more information.
Tax-Deferred Growth: Earnings within your GVUL coverage accumulate income tax-free as long as the policy remains active. However, funds allocated to variable investment portfolios are subject to market risks and may fluctuate in value. Consider your investment time horizon, tax rates, and the impact of fees and expenses, including any premium expense charges, when evaluating the benefits of GVUL tax deferral. Please refer to your Prospectus and Certificate for full details.
Policy Portability: Coverage can be maintained up to the maturity age specified in your certificate. However, if your employer replaces The Policy Ride GVUL with another group life insurance plan or terminates the group contract, your coverage may also end—even after retirement or employment separation. If you have continued your coverage after leaving your job, your cost of insurance rates may increase if the plan sponsor later terminates the group policy.
Guaranteed Interest Rate: The current crediting interest rate on the interest-bearing account may change without notice but will never fall below the guaranteed minimum outlined in your certificate. All guarantees are subject to the financial strength and claims-paying ability of The Policy Ride.
Cash Value Withdrawals & Tax Implications: Generally, you can withdraw cash value up to the amount of premiums paid without tax consequences. However, if your certificate becomes classified as a Modified Endowment Contract (MEC) due to excess funding, withdrawals and loans will be subject to “earnings first” taxation, plus a 10% penalty if taken before age 59½. The Policy Ride will notify you if a contribution would result in MEC status.
Withdrawals and loans reduce both the death benefit and cash value, which may impact your ability to cover insurance costs as you age.
Withdrawals are subject to a 2% administrative fee, capped at $25.
Outstanding loan amounts do not earn interest and may have a permanent impact on certificate values and benefits. If your policy is surrendered, lapses, or the group contract is terminated, outstanding loans convert into withdrawals and may become taxable.
This material is not intended as personalized financial, tax, or legal advice.
The Policy Ride and its representatives do not provide tax, legal, or accounting advice—please consult your qualified advisors for guidance.
Group Variable Universal Life (GVUL) Insurance policies may have exclusions, limitations, and requirements to remain in force.
To request Prospectuses for GVUL and its underlying investment portfolios, call (800) 756-0124. Carefully review all contract details, risks, fees, and investment objectives before making a purchase.
Features and availability may vary by state. All guarantees are based on The Policy Ride’s financial strength and claims-paying ability.
Variable investment options are not guaranteed to meet stated goals. Cash value in these options is subject to market fluctuations and may be worth more or less than the amount paid in when withdrawn or surrendered.
This single policy combines life insurance and savings options, providing your family with financial security both now and in the future.
Dual Coverage: A single policy offering both life insurance and savings options to help protect your family’s financial future today and tomorrow.
Permanent and Portable: The policy is permanent, owned by you, and can be taken with you regardless of job changes.(1)
Flexible Coverage: Adjust the policy to meet your needs as they evolve over time.
Retirement Supplement: Helps secure your future by supplementing retirement income.
Tax-Deferred Savings: Offers a savings feature that grows tax-deferred, allowing you to use your funds as you see fit.(2)
For complete details and to find the best plan for your family, reach out to your company’s benefits administrator or contact The Policy Ride directly.
Contact your employer for more information.
Coverage lasts until the maturity age specified in your certificate. However, if the plan sponsor replaces The Policy Ride GUL with another insurance plan or terminates the group contract, employees’ coverage may end—even after retirement or job separation. If you choose to continue coverage after leaving your employer, rates may increase.
Earnings within your GUL policy grow income tax-free, provided the policy remains active. Be sure to consider your investment horizon, tax rates, and the impact of any fees or expenses, including premium costs, when evaluating the benefits of tax deferral. Please refer to your certificate for full details.
This information is for general purposes only and should not be considered as personalized advice. Like most insurance programs, policies offered by The Policy Ride may include exclusions, limitations, waiting periods, and other conditions. For more details, please contact The Policy Ride.
Any discussion of taxes here is informational and does not cover every scenario. The Policy Ride and its representatives do not provide tax advice, so please consult with a qualified tax advisor based on your individual situation.