Index universal life insurance gives you upside potential with downside protection
The coverage and flexibility of a index universal life insurance policy can make it a valuable part of your overall financial strategy, by providing all this:
Financial Security for those you Love
Because it is a life insurance policy, you will have the reassurance of knowing that if you die prematurely, your beneficiaries will receive a death benefit.
Opportunity for Accumulation
As you pay premiums, a portion of each payment is added to the cash value, where it will grow tax deferred.
Financial Help for Future Needs
If you need to, you can access your cash values income-tax-free through policy loans and withdrawals that can help you supplement your retirement income, complement a college funding strategy, pay off debts or help in times of emergency.
You can adjust your premium payments (within limits) to fit your lifestyle. You can also select optional “riders” that allow you to customize your coverage for your specific needs.
Indexed Interest: The Index Universal Life Advantage
At the end of each policy year, if the results are positive, you will receive indexed interest credited to your policy. Any interest you receive is locked in each year, and once it is locked, it can never be lost, even if the index drops below this amount. Keep in mind, however, that fees and charges will reduce cash value.
If the annual performance is negative, no indexed interest will be credited. The Policies cash value will not decrease.