Protect Today. Prepare for Tomorrow.
Life insurance protection with more to consider.
Indexed Universal Life (IUL) is a type of permanent life insurance. It provides a death benefit and may build cash value over time. Some policies also include living benefits for a qualifying critical, chronic, or terminal illness. How these features work—and what they cost—depends on the policy.
How does an IUL policy work?
Death Benefit
An IUL policy provides a death benefit to your beneficiaries if you die while the policy is in force. The amount and available options depend on how the policy is designed. We’ll start by looking at the protection your family needs, then consider the policy’s other features.
Living Benefits
Some IUL policies offer benefits you may be able to access while living if you meet the policy’s requirements for a qualifying critical, chronic, or terminal illness. These benefits are often provided through riders. Accessing an accelerated death benefit generally reduces the amount left for your beneficiaries, so we’ll review the specific terms before including it in your plan.*
Cash Value
An IUL policy may build cash value as you pay premiums and interest is credited. Interest can be linked to the performance of a market index, subject to the policy’s crediting rules, but the policy does not invest directly in that index. Insurance costs and other charges are deducted from the policy value, so growth is not guaranteed. We’ll review the illustration and how the policy may perform under different assumptions.* Protect today. Explore what's possible tomorrow.
* Cash value growth, policy loans, and living benefits depend on the policy’s terms. Loans and withdrawals may reduce cash value and the death benefit; insufficient funding may cause a policy to lapse. We’ll review an illustration from the insurance carrier.
See What an IUL Could Look Like for You
Explore an Indexed Universal Life policy built around your coverage needs, budget, and long-term goals. We’ll review a personalized illustration together so you can understand the death benefit, planned premiums, and how cash value could develop over time.** Are you ready to see what yours might look like?
** Illustrations show guaranteed and nonguaranteed policy values. Nonguaranteed values are hypothetical and may differ from actual results.
What should you review before choosing an IUL?
An IUL needs enough funding to cover its insurance costs and other charges over time. Illustrated cash values are projections, not promises. We’ll compare the policy’s guaranteed and non-guaranteed values, review its crediting rules and available riders, and discuss how changes in premiums or policy loans could affect your coverage.
Let’s review your options together.
We can start with the protection you need, then decide whether IUL’s additional features fit your goals and budget.
