Life insurance

COIL Institutional Series® variable universal life insurance

A retirement income plan that reflects the success you’ve achieved

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Strive toward your full potential for prosperity and independence

Your retirement should reflect the level of success you’ve achieved. But, due to your above-average income, you face contribution limits on qualified plans, which could lead to a significant future income gap. That’s why we offer innovative approaches funded with COIL Institutional Series®, designed to help high-income executives, professionals and small business owners plan for and implement an income replacement strategy that offers financial independence in retirement and provides valuable life insurance protection.

An innovative approach for:

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Individuals

Benefits solutions funded with COIL Institutional Series® are accumulation-focused, designed to help executives, professionals and small business owners meet their income replacement goals in order to retire on a significant percentage of their final income.

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Businesses

Nonqualified executive benefits and business planning strategies funded with COIL Institutional Series® can be used by companies to recruit, retain and reward key employees.

Features

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Manage your plan design

A robust and secure website dedicated to you and customized for your specific plan with the ability to review and manage your account with 24/7 access.

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Flexible investment options

With COIL Institutional Series® variable life insurance policies, you have total control over how your payments are allocated with the flexibility to choose from more than 90 investment options to design an overall investment strategy that meets your risk profile and investment strategies. Learn more

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The role of COIL Institutional Series® in executive benefit planning

COIL Institutional Series® variable universal life insurance is specially designed to help companies provide for nonqualified deferred compensation plans, SERPs, and a variety of other nonqualified benefits plans. This product offers a strategic approach to planning and securing the financial future of your top talent, ensuring that they feel valued and rewarded for their contributions.

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Frequently asked questions about COIL Institutional Series® (COIL IS)

COIL IS is an institutional Variable Universal Life (VUL) product designed to provide high-income earners, professionals and small business owners an accumulation-driven, highly liquid life insurance vehicle that historically was only available to larger corporations.

Equitable is the only Carrier to offer access to this product to qualifying individuals, without corporate sponsorship.

  • Often used as part of an overall Asset Location strategy to help minimize taxation
  • Accumulation/tax-efficient contingency capital
  • Key person/buy-sell/buyouts
  • NQDC informal funding (inside or outside of corporate structure)
  • Recruiting, retaining and rewarding key people

There are no surrender charges with COIL IS. In fact, Equitable offers an enhanced amount, which is a refund of a percentage of the premium charges and some administrative charges during the first 14 policy years.

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Prepare for a conversation with your financial professional

  1. Don’t have a financial professional? Learn more about working with a financial professional.
  2. Review the prospectus and supplements.
Need help with a Life Insurance product?

Call (800) 777-6510

COIL Institutional Series® is a contractual agreement in which premiums are paid to an insurance company, and the company, in return for those premiums, provides a benefit to a named beneficiary upon proof of the insured’s death and a policy cash value. Amounts in the policy’s cash value are invested in a variety of variable investment options, where they are subject to fluctuations in value and market risk, including loss of principal. Life insurance policies have exclusions, limitations and terms for keeping the policies inforce. Fees and charges associated with COIL Institutional Series® include mortality and expense risk charges, cost of insurance charges, administrative fees, investment management fees and charges for optional benefits, including those associated with the Market Stabilizer Option® II. Certain types of policy features and benefits may not be available in all jurisdictions or may be different. Please see the policy’s prospectus for more complete information, including additional tax information.

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Please be advised that this web page is not intended as legal or tax advice. Accordingly, any tax information provided in this guide for producers is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or marketing of the transaction(s) or matter(s) addressed, and clients should seek advice based on their particular circumstances from an independent tax advisor.

Corporate and Endowment Solutions (CES), including its administration services arm, CES Administration (CESA), is a division of Equitable, which is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY); Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company with an administrative office located in Charlotte, NC; and Equitable Distributors, LLC. Equitable Advisors is the brand name of Equitable Advisors, LLC (Equitable Financial Advisors in MI & TN).

COIL Institutional Series® is issued by Equitable Financial Life Insurance Company and is co-distributed by Equitable Advisors, LLC (member  FINRA, SIPC) (Equitable Financial Advisors in MI & TN), and Equitable Distributors, LLC, all located at 1345 Avenue of the Americas, New York, NY 10105. 

GE-7405527.1 (01/2025) (Exp. 01/2029)