INDEXED UNIVERSAL LIFE
Smart Way to Save
An indexed universal life insurance (IUL) policy offers tax-free cash accumulation options for your retirement while maintaining a death benefit. IUL policies provide you with permanent life insurance protection while helping you accumulate cash for the future that may very well be tax-free.
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The benefits of indexed universal life insurance
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Cash value
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Low premiums
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Tax-free growth and distributions
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With an IUL, you won't have to pay taxes on the money you withdraw from your cash value
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No limits on contributions and growth
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Flexibility
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You can adjust monthly, quarterly or annual contributions
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Risk is also flexible, depending on how much risk you want to take.
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The policyholder has a permanent death benefit
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These are not subject to income or death taxes and do not go through probate.
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The accumulated cash value can also be added to tax-free payments given to beneficiaries.
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Cash value can be accessed at any time without incurring penalties
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Lower overall risk since money is not invested directly in the stock market