INDEXED UNIVERSAL LIFE INSURANCE
Indexed universal life insurance allows a policy owner to assign cash value amounts to either a
Fixed account or an equity index account
Indexed universal life insurance (IUL) is a form of universal life insurance that offers a low cost protection with a savings element. By allocating a percentage of monthly premiums to indexes like S&P 500, the policy owner maintains a death benefit and accrues tax-deferred cash value. Furthermore, the interest applied to the cash value is determined by the performance of an equity index or guaranteed fixed rate. IUL owners bear minimum risk due to the fact that their money is not directly invested in the stock market. Most significantly, this policy gives policy holders the flexibility to adjust death benefits and control the amount of risk in the accounts.
Types of Indexed Universal Life Insurance:
- Fixed Account
- Equity Index Account
Benefits of Indexed Universal Life Insurance:
- Low-cost premiums
- Excessive cash value accumulation
- Policyholder controls the amount risked and the death benefit amounts
- No penalty for accessing cash value, regardless of time and age
Questions to Ask Yourself:
- How much policy control and flexibility do I need?
- How early will I need to access my cash value?
Your Health, Money, & Future is Under Your Control.
Tomorrow is the most unpredictable period of our lives. Create and secure a life-proof strategy for maintaining your vital assets.
Our team of experts will exhibit care, knowledge, and experience to formulate the perfect personalized plan to guarantee you are prepared for the unforeseeable.
Our team of experts will exhibit care, knowledge, and experience to formulate the perfect personalized plan to guarantee you are prepared for the unforeseeable.