Unlock Financial Security and Growth with Index Universal Life

Build lasting wealth and protect your loved ones with a flexible, powerful life insurance solution

What is Index Universal Life (IUL)?

Index Universal Life (IUL) insurance is a powerful and versatile life insurance product that combines lifelong protection with the potential for cash value growth tied to the performance of a stock market index. Unlike traditional life insurance, IUL offers flexibility and the opportunity to build wealth while safeguarding your family's future.

Key Benefits of IUL:

  • Lifelong Protection and Peace of Mind:

    • Enjoy the assurance of permanent life insurance coverage that never expires. Your loved ones are protected for life, providing lasting financial security.

    • Your coverage amount will never decrease and your policy costs will never increase, providing stability and predictability.

  • Potential for Market-Linked Growth with Guaranteed Protection:

    • Your cash value grows based on the performance of a chosen stock market index, offering the potential for significant gains.

    • Even during market downturns, your cash value is protected with a guaranteed minimum interest rate of 5.66%, ensuring your savings continue to grow.

  • Accessible Cash Value:

    • Access your accumulated cash value quickly and easily. Withdraw funds via direct deposit or check within 1-2 business days, providing financial flexibility when you need it most.

  • Retirement Income Planning:

    • Plan for a comfortable retirement with the built-in retirement income rider. Your accumulated cash value can be distributed over a 20-year period in convenient monthly installments, providing a steady stream of income.

  • Enhanced Protection with Accidental Death Benefit:

    • Double the protection for your beneficiaries in the event of an accidental death. Your loved ones receive twice the coverage amount, providing added financial security during difficult times.

  • Living Benefits for Critical Needs:

    • Terminal Illness Benefit: In the event of a terminal illness with a life expectancy of 12 months or less, receive up to 90% of your death benefit upfront, providing financial support during challenging times.

    • Chronic Illness Benefit: Receive up to 25% of your death benefit upfront if you are diagnosed with a chronic illness that affects your daily living activities, such as diabetes or asthma, helping you manage medical expenses and maintain your quality of life.

Why Choose IUL?

  • Flexibility: Adjust your premiums and death benefit to fit your changing needs.

  • Tax-Advantaged Growth: Cash value growth is tax-deferred, and withdrawals can be tax-free under certain conditions.

  • Financial Security: Protect your family's future and build a legacy of wealth.

 FAQs

  • No, your coverage stays with you for the rest of your life, provided the policy remains active. This is a permanent life insurance solution designed for lifelong protection.

  • No, your payments are fixed and will remain the same for the life of the policy. Your price is locked in, providing financial predictability and peace of mind.

  • This Index Universal Life (IUL) policy offers a comprehensive suite of benefits, including:

    • Lifelong death benefit protection.

    • Potential for cash value growth linked to stock market indices.

    • A guaranteed minimum interest rate of 5.66% on your cash value, protecting against market downturns.

    • Quick and easy access to your cash value via direct deposit or check within 1-2 business days.

    • A retirement income rider that provides monthly income over 20 years.

    • An accidental death benefit that doubles the death benefit in case of accidental death.

    • Living benefits, including:

      • Terminal illness benefit, providing up to 90% of the death benefit if diagnosed with a terminal illness.

      • Chronic illness benefit, providing up to 25% of the death benefit if diagnosed with a qualifying chronic illness.

  • Your cash value is linked to the performance of a chosen stock market index. When the index performs well, your cash value grows. However, even if the index declines, your cash value is protected by a guaranteed minimum interest rate of 5.66%.

  • You can typically access your cash value within 1-2 business days through direct deposit or a check in the mail, providing quick access to your funds when needed.

  • Cash value growth is tax-deferred. Under certain conditions, withdrawals from your IUL policy can also be tax-free. It's always best to consult with a tax professional for personalized advice.

  • IUL policies offer flexibility, allowing you to adjust your death benefit and premiums to fit your changing needs. Please consult with us to discuss your options.

  • Your beneficiaries will receive the death benefit, which may include the accumulated cash value, depending on the policy structure.

  • Living benefits allow you to access a portion of your death benefit while still living if you meet certain qualifying conditions, such as a terminal or chronic illness.

  • A terminal illness is generally defined as a medical condition with a life expectancy of 12 months or less.

  • A chronic illness is a medical condition that affects your daily living activities, such as needing assistance with bathing, dressing, eating, or mobility. Examples include diabetes requiring insulin injections and asthma requiring daily inhaler use.

  • You can access up to 90% of your death benefit for a terminal illness and up to 25% for a chronic illness.

  • When you retire, the retirement income rider allows you to receive your accumulated cash value in monthly installments over a 20-year period, providing a steady income stream.

  • The monthly income amount will depend on the total cash value accumulated in your policy. We can provide projections and help you plan your retirement income.