Indexed Universal Life

Looking for a universal life insurance policy that provides dual benefits for both you and your family?

Insurance is asset, where capital is accumulated and acts as financial savior during the time of financial uncertainties, losses. If you’re looking for reliable policy which comes with fix guarantee of interest, for both you and your family, then you’re at the right place. Indexed Universal Life Insurance has got you covered.

Index Universal Life Insurance adds a cash value to already existing death benefit to the insurer. Both you and your family can live in with peace and maintain good standard of living during their/his/her lifetime.

This insurance gives insurer double benefits: flexibility to allocate their cash and an opportunity to increase its value with time being.

People today worry about saving their money for children’s education, long life taxes after retirement, or concerns of leading comfortable life with disability. Financial tensions are doubled with involving the wellbeing of your whole family.

When you’re preparing for your family’s future, it is important that you cover all your bases. That is where we come in. We provide you easy and simple knowledge on how you can take on universal life insurance.

WHAT IS INDEXED UNIVERSAL LIFE INSURANCE?

Indexed Universal Life (IUL) insurance provides complete flexibility to the insurer to choose these options: the amount of cash you want to invest, investing it in equity indexed account or fixed indexed account. These indexed life insurances are tied up with stock market indexes.

Which means the money you invest in cash-value account can earn interest based on a stock market index chosen by you. Indexed Universal insurance is less risky than variable life insurance, because no money is invested in third-party businesses.

HOW AN INDEXED UNIVERSAL LIFE INSURANCE WORKS?

Indexed Universal Life insurance provides you lifetime of coverage. The policy includes death benefits to the beneficiaries, after the death of the insurer.

The policy includes tax-free retirement income for lifetime to the insurer. When the cash value is invested in equity index it gets increased along with interests. Note: The cash value isn’t directly invested into the stock market.

People usually have anxiety when they invest in stocks due to losses in stock market. The value of selected index out of equity index or fixed index is recorded at the anniversary date to calculate the added value of interest to the cash value.

Basically the interest index is credited to the cash value, depending on the functionality of stock market. The benefit is if the stock market underperforms you don’t lose money. Indexed Universal Life insurance comes with the 0% cap lock. Which means that if the stock market has negative returns then the amount you have in your account will remain same and not go down.

WHY INDEXED UNIVERSAL LIFE INSURANCE OVER STOCKS?

Stocks can be an unpredictable source of market; people are concerned with its riskiness and uncertain losses. With the help of IUL these risks are way more reduced and stabilized. Some time stocks and mutual funds provide good returns but are they worth it? No, cause you lose at least 10% into various taxes.

But in IUL when stock market goes up then the policy gains income and when the stock market is affected and it comes down the amount in the policy is same. The advantage of IUL is that, it comes with 0% floor, which means no amount earned over the period of time can be lost. Once your policy has gained certain interest, it can never go down.

The amount credited to your cash value is tax-free and can also be used to pay premiums. We offer a minimum guaranteed rate of return. You can also choose to contribute more to your policy in order to build your cash value faster.

BENEFITS OF INDEXED UNIVERSAL LIFE INSURANCE

Indexed Universal life insurance provides you with the best life insurance and ensures that you get full benefits that come with ‘index lock feature’. Some of the advantages that we provide you with are mentioned below:-

a. High-return Potential: The annual return you get with Indexed Universal Life Insurance depends on how well the market index is doing. With an advantage of ‘locked index rate’ you can lock your 10%, 15% , 20% raised rates and even after that if the market goes down then you can end up gaining the same locked rates.

b. Great Flexibility: It is all in your hands. You, as a policyholder, can decide how much risk you want to take on the market. You can also adjust death benefit amounts as required. We also provide you various policies to customize according to your need.

c. Tax-free Capital Gains: The cash you take with your Indexed Universal Life is tax-free. This also applies to loans that you take against your cash value. They can be passed on to your beneficiaries tax-free.

d. Death Benefit: IUL provides for various death benefits. This money can be used to pay funeral and burial expenses, cover debts, fund education for children of the insured. You also get disability costs if you’re disables or impaired.

e. No Social Security Impact: You can take out a loan against your policy to provide for social security benefits without any decrease in your benefit amount.

CONCLUSION:
Indexed Universal life insurance guarantees overall security to not only single individuals but families as well. It helps people relive their hopes and aspiration in investing to make their lives better. It provides both things suitable for the market: one is potential growth with interest on the cash invested and protection on the cash invested from inconsistent market values.