First Investors Life Launches 'Variable Universal Life'

NEW YORK, NY, March 31, 2014 /PRNewswire/ - First Investors Life Insurance Company ("FIL") is proud to introduce Variable Universal Life—a new flexible premium variable universal life product that offers individuals permanent life insurance protection and potential cash value all in one policy.1

"We are very excited about this new life insurance product because it offers many appealing features and benefits," says Carol Springsteen, President of First Investors Life. "The policy is designed for individuals who need permanent life insurance, have a long-term time horizon and seek an investment component that offers the potential for tax-deferred cash value accumulation as part of a diversified financial strategy."

 "What's so attractive about this product," adds Springsteen, "is that individuals have greater control. For example, our Variable Universal Life policy offers death benefit options, flexible premium payments and potential cash value that clients can access through withdrawals or loans. In short, this Policy may be right for those who need permanent life insurance and are comfortable with investment risk."

¹All guarantees are subject to the financial strength and claims-paying ability of First Investors Life Insurance Company. First Investors Life makes no guarantees with respect to the investment return or principal value of the underlying subaccounts.

Any Policy loans or withdrawals you decide to take will reduce the death benefit and Accumulation Value of your Policy, whether or not you repay those loans. Moreover, a Policy loan may increase the risk of lapse by decreasing the Accumulation Value available to pay the monthly deduction.

Life insurance policies are offered by First Investors Life Insurance Company and distributed by First Investors Corporation;each is a wholly owned subsidiary of First Investors Consolidated Corporation ("FICC"). 

Insurance policies contain certain exclusions, limitations and other terms for keeping them in force.  For complete costs and details, see your Representative. Policy guarantees apply only to certain insurance features and are subject to the claims-paying ability and financial strength of First Investors Life. Variable life insurance policies are offered by prospectus only.  For more information about First Investors variable life insurance policies, you may obtain a free prospectus by contacting your Representative or calling (800) 832-7783. The prospectus contains information about a policy's features, risks, charges and expenses, and the investment objective and risks of the underlying investment subaccounts as well as other information about the variable life policy. Consider this information, and read the prospectus carefully before you invest or send money. Policy availability and features may vary by state. The purchase of a variable life insurance policy is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.

Neither First Investors Life Insurance Company nor its affiliates provide legal, tax or estate planning services. Should you require such services, you should consult a legal, tax or estate planning professional.

Foresters™ is the trade name and a trademark of The Independent Order of Foresters ("Foresters"), a fraternal benefit society. Its subsidiary, First Investors Consolidated Corporation ("First Investors"), is licensed to use this mark. First Investors Corporation is a subsidiary of First Investors Consolidated Corporation. All securities products are offered through First Investors Corporation. 

First Investors Corporation
First Investors Life Insurance Company
40 Wall Street
New York, NY 10005
www.firstinvestors.com
1-800-832-7783

SOURCE First Investors Corporation



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