Indexed Universal Life Insurance
What is Indexed Universal Life Insurance (IUL)?
Indexed Universal Life (IUL) insurance is a type of life insurance that provides a death benefit and lets you grow cash value based on the performance of a stock market index, with protection against market losses.
What Problems Does IUL Solve?
- Financial protection for loved ones in the event of death
- Growth potential while protecting your savings from market volatility and losses.
- Tax-advantaged way to grow your savings, protecting you from potential future tax increases.
Financial protection for your family in the event of death
IUL provides a permanent death benefit that serves as a financial safety net for your loved ones. In the event of your passing, this benefit helps replace lost income, cover essential expenses, and maintain their quality of life and peace of mind.
It also gives you the freedom to spend your retirement savings knowing that when you pass away, your family will receive income tax-free death benefit.
High growth potential while minimizing market risk.
IUL policies allow the cash value to grow based on the performance of a stock market index, offering the potential for higher returns compared to traditional savings methods.
Simultaneously, they include downside protection to safeguard the cash value against market losses, ensuring stability and growth.
Tax-deferred growth and tax-free access to cash value
With IUL, the cash value grows tax-deferred, meaning you don’t pay taxes on the gains while they are accumulating.
Additionally, you can borrow against the cash value through tax-free loans, providing a flexible source of funds for various needs without triggering tax penalties.
This tax-advantaged growth and liquidity make IUL an attractive option for long-term financial planning.
Ready to Secure Your Financial Future?
Have questions about how indexed universal life insurance can help you? Our experts are here to provide personalized advice and explore your options.
