Market-Linked Growth Potential
Indexed Universal Life Insurance offers the unique advantage of cash value growth tied to the performance of a market index, such as the S&P 500. This means your policy’s cash value can grow more rapidly than with traditional whole life, giving you the potential for higher returns.
Downside Protection
While your cash value has the opportunity to grow with the market, IUL policies also include safeguards to protect against market downturns. Even if the market performs poorly, your policy’s cash value won’t decrease due to negative index returns, ensuring your savings are protected.
Flexible Premiums
IUL policies offer flexibility in how much and when you pay your premiums. You can adjust your payments to fit your changing financial situation, making it easier to maintain coverage during different stages of life.
Tax-Free Death Benefit
The death benefit paid to your beneficiaries is generally tax-free, providing them with the full value of your policy. Additionally, the cash value growth within the policy is tax-deferred, and you may be able to access funds through policy loans without immediate tax consequences.
Combine life insurance protection with investment-like growth potential. IUL offers the opportunity to build cash value based on market performance while protecting against market losses.