Credit Union-Owned Life Insurance (CUOLI)
Newport, an Ascensus company, provides the expertise you need to implement CUOLI programs that align with the financial goals and operational needs of your credit union clients. By offering CUOLI, you can help credit unions mitigate risks, support long-term stability, and enhance their ability to retain top talent. Position yourself not just as a financial consultant, but as a strategic partner invested in the success and sustainability of these unique institutions.
An optimized CUOLI program for your clients
You can trust our team to provide expertise throughout the entire CUOLI lifecycle, including purchase analysis, program design, funding strategies, risk management, reporting, and administration—enabling you to better serve your credit union clients.
Our team of experts can also help you in reviewing any existing funding assets to ensure they are delivering the best quality and reliability to last for the long term—without exposing your credit union clients to financial statement volatility.
BENEFITS FOR YOU AND YOUR CLIENTS
- Complete product selection
- Attentive, personalized service
- Dedicated team members
- 24/7 online access
- Reliable and timely administration
- Experienced team of professionals
- In-house proprietary technology and data protection
Position CUOLI as a strategic advantage
When discussing CUOLI with your clients, emphasize its unique ability to serve as a strategic solution for institutional insurance and executive benefits. CUOLI enables credit unions to recover some or all of the costs associated with providing competitive benefit plans—such as retirement, health care, and deferred compensation for executives. Highlight CUOLI's dual advantages: its short-term impact, which can immediately boost earnings—and its long-term benefits, including higher returns compared to traditional investments, portfolio diversification, and reduced interest rate risks.
By showcasing these features, you position CUOLI not only as a financial tool but also as an essential component for optimizing institutional insurance and executive compensation strategies, ensuring sustainable growth for both the organization and its leadership.
Securities related insurance products are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Non-securities related insurance products may be offered through Newport Group, Inc. For more information, please visit www.ascensus.com.
Start the conversation.
Want to add a CUOLI offering to your business? Just answer a few questions and one of our dedicated team members will reach out to you.