Permanent life insurance

What is permanent life insurance?

Permanent life insurance provides a death benefit payment (proceeds to your beneficiaries) that is generally free of federal income tax and—depending on the product—may accumulate [cash value] (also known as policy value) you can access if you need it.1


Key benefits

Protect your beneficiaries with a guaranteed benefit if you die unexpectedly.

Preserve and potentially increase your wealth transfer to beneficiaries.

[Policy value] can grow tax-deferred over time.

Living benefit riders that can help you today - not just when you're gone.

How does permanent life insurance work?

calendar date icon

You pay

You make regular premium payments into your policy. 

money grow icon

Policy value may increase

Your policy may accumulate cash value over time and is available to access if you need it.

hand money icon

You benefit

Our living benefit riders can help you today - not just when you're gone.

mother and children icon

They benefit

Your beneficiaries receive a death benefit generally free of federal income tax when you die.

What do you want your insurance to do?


Accumulate policy value

  • To preserve your family’s lifestyle when you’re gone.
  • To pay off debts and final expenses.
  • To fund a tax-efficient transfer of your business to a partner or family member.
  • To access policy value for college, a business or a retirement income shortfall.

Leave money to your beneficiaries

  • To provide funds to help cover estate taxes, fees or even final medical bills.
  • To leave a legacy to loved ones or a charity, free of federal income taxes (and potentially free of estate taxes2).
  • To fund a tax-efficient transfer of your business to a partner or family member.

Prepare for the unexpected

  • To be able to have access to a portion of the death benefit—to use however you choose—if the insured is diagnosed with a chronic illness.
  • To be able to have access to a portion of the death benefit —to use however your choose—if the insured is diagnosed with a terminal illness.
  • To be able to have access to cancer care benefits and services including a multi-cancer early detection test, health care advocacy services, nutrition guidance, and a cash benefit with a qualifying cancer diagnosis. Available exclusively on certain Symetra indexed universal life insurance policies (IULs).

Symetra Life Insurance Company products to consider:


Symetra Accumulator Ascent IUL

Protection for your family and the potential to supplement your retirement income.


Symetra Protector IUL

Cost-effective, guaranteed life insurance protection with flexibility for life’s changing needs.


Symetra Accumulator VUL

Protection for your beneficiaries and tax-efficient, market-based wealth accumulation opportunities for you.

Next steps

Ask your insurance professional if life insurance is right for you.


Before investing, carefully consider the investment objectives, risks, charges, and expenses. The policy’s value allocated to the subaccounts will fluctuate. Variable life insurance involves fees and charges such as administrative charges, expense charges, cost of insurance charges, variable policy value charges, premium charges, surrender charges, underlying fund expenses, and, if applicable, transfer processing fees or withdrawal processing fees, which are explained in the prospectus. This and other information are contained in the policy prospectus and the underlying portfolio prospectuses. For online copies of the prospectuses visit Please read them carefully.

Past performance is no guarantee of future returns. The investment return and principal value of an investment will fluctuate, and units, when redeemed, may be worth more or less than their original cost.

Securities are offered through Symetra Securities, Inc. (SSI). Member, FINRA.

Life insurance is issued by Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. Policies and riders may not be available in all U.S. states or any U.S. territory and terms and conditions may vary by the state in which they are available.

SSI and Symetra Life Insurance Company are affiliates and are located at 777 108th Avenue NE, Suite 1200, Bellevue, WA 98004-5135.

Each company is responsible for its own financial obligations.

Symetra Accumulator Ascent IUL is a flexible-premium adjustable life insurance policy with index-linked interest options. Policy form number is ICC17_LC1 in most states.

Symetra Protector IUL is a flexible-premium adjustable life insurance policy with index-linked interest options. Policy form number is ICC18_LC2 in most states.

Symetra Accumulator VUL is a flexible-premium adjustable variable life insurance policy. Policy form number is ICC21_LC1 in most states.

Life insurance policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force. Please contact your insurance professional for complete details.

Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.

Cancer Care Compass is a rider package comprised of the Cancer Insurance and Value Added Services riders.

A rider is a provision of the policy that may have additional costs, limitations, potential benefits and features that should never be confused with the base policy itself. Before evaluating the benefits of the rider, carefully examine the policy to which it is attached.

Certain benefits or riders may have tax implications. Consult with your legal or tax professional prior to purchasing.

The Cancer Insurance Rider is offered at application for an additional cost and is usually issued under rider form number L-10351. The rider is only available for insureds issue ages 20-80, and if elected, additional underwriting will be required. It's possible that the insured is approved for the base policy but declined for the rider based on the rider underwriting results. The rider is not available on policies with ratings worse than Table 4, with annual flat extras exceeding $5 per $1,000, or with both flat extras and table rates. The maximum cash benefit amount is selected at application and cannot be increased once the rider is issued. If the Cancer Insurance Rider is declined, the Value Added Services Rider is not available.

Cancer Care Compass includes the Value Added Services Rider for an additional cost and is usually issued under form number L-10358. The value-added services are provided by third-party providers that are independent of Symetra Life Insurance Company. Registering to use or using these services is optional.

The Galleri® multi-cancer early detection screening test is administered by GRAIL, LLC, and is available one time to insured's ages 50-89 under the rider after the benefit waiting period. The test is available through an independent telemedicine healthcare provider. The test results are provided to the insured. Access to the rider's nutrition or health advocacy services are available after the benefit waiting period and will remain available to the policyowner and their eligible family members through the insured's age 90 or at no additional cost for two years following the payment of the rider maximum cash benefit amount.

Products and services offered under the Value Added Services Rider are not insurance and are subject to change. For more information, please contact Symetra at or by telephone at 1-800-796-3872. There are additional requirements associated with participation in the value-added services. Terms and conditions may vary and may not be available in all U.S. states or any U.S. territory. If any service is discontinued or if we elect to cease to offer a service, we may substitute a reasonably comparable service. If no reasonably comparable service is available, we may discontinue the specific service and cease charging for that service.

Although proceeds of life insurance are generally received free of federal income tax by beneficiaries, estate and local taxes may apply. Consult with your attorney or tax advisor for more information.

This is not a complete description of the Symetra Accumulator Ascent IUL, Protector IUL, or Accumulator VUL policies and riders. For a more complete description, please ask your insurance professional or registered representative.

Important note: If you’re a resident of Arizona, please click here for exclusions and limitations for the Cancer Insurance Rider. 

1The policy may be subject to a contract maturity date.

2If the policy is properly structured in a trust outside of the estate. Trust should be drafted by an attorney familiar with such matters. Failure to properly structure could result in adverse treatment of trust proceeds. Symetra Life Insurance Company does not provide tax or legal advice.

WEB-1158 3/24