Permanent life insurance

Symetra Accumulator VUL

Symetra Accumulator VUL is a variable universal life (VUL) insurance product that can help provide for your family or business—and protect your future.

What do we mean by variable universal life?

This type of policy combines the protection of life insurance with the potential to accumulate [policy value]  for future financial goals through a variety of professionally managed [portfolio options].

Portfolio options are designed to focus on specific investment objectives or to duplicate the performance of specific market [indexes]. The policy value in your portfolio options has the potential to increase or decrease based on daily movements of the market.


Accumulator VUL provides flexibility and control to help meet several needs.

This is a high-level overview of Symetra Accumulator VUL so you can get a sense of whether it might work for you. This is not a complete description. Please ask your registered representative for a more complete description of the product.

Next steps

Talk with your registered representative to see if Symetra Accumulator VUL 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. Please contact a registered representative or Symetra for free copies of the prospectuses or visit for an online copy. Please read them carefully before investing.

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.

Symetra Accumulator VUL is a flexible-premium adjustable variable life insurance policy issued by Symetra Life Insurance Company (SLIC). SSI and SLIC 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. This policy is not available in all U.S. states or any U.S. territory; where available, it is usually issued under policy form number ICC21_LC1.

Policy riders are not available in all U.S. states or any U.S. territory, and terms and conditions may vary by state in which they are available.

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 a rider, carefully examine the policy to which it is attached.

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

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

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

Withdrawals or loans on modified endowment contracts (MECs) may be subject to federal income tax and an additional 10% tax on amounts taken prior to age 59½.

Withdrawals or loans may not be allowed in certain situations. Amounts withdrawn will decrease the policy death benefit and may be subject to a withdrawal processing fee. Loans may have a permanent effect on the policy, even if repaid.

Variable policy value, monthly administrative and monthly expense charges are subject to change without notice.

The terms “portfolio option” and “subaccount” are used interchangeably in Symetra Accumulator VUL marketing pieces.

This is not a complete description of the Symetra Accumulator VUL policy. For a more complete description, please ask your registered representative.

1In most instances, life insurance proceeds are not subject to federal income taxes.

2If the policy is properly structured in a trust outside of an estate, the proceeds are also free of federal estate taxes. A 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 advice.

3As long as total premiums paid to date, less any withdrawals made and loan indebtedness is at least greater than the accumulated no-lapse guarantee premium, the policy will not terminate before the no-lapse guarantee expiry date, even if the net surrender value is insufficient to cover the monthly deductions.

4Tax-deferred growth is subject to taxation when withdrawn. Units may be worth more or less upon withdrawal than when purchased. Please refer to your policy prospectus.

5Increases are available after year one and will incur policy charges. Decreases may be requested after the first policy year. The specified amount may not be decreased below 25% of the initial specified amount and may not be less than the minimum specified amount for the rate class. If issued at $100,000, no reduction in specified amount is allowed.

6Withdrawals and loans may reduce or eliminate the death benefit payable to your beneficiaries. In general, policy loans are charged interest; they are usually not taxable. If a policy lapses or is surrendered, the loan becomes immediately taxable to the extent of the gain in your policy. Withdrawals are taxable only when you take more money out of the policy than you’ve paid in premiums. If your policy becomes a Modified Endowment Contract (MEC), less advantageous tax provisions apply. The tax treatment of a loan with a net charge of zero is unclear and could be averse to the policyowner.

WEB-1479 6/23