Indexed Universal Life Insurance (I.U.L)
Indexed Growth
Funds that mimic the index they are tied to with downside protection. The goal in mind is to diversify risk and allow for a potentially larger upside than a traditional life policy in a good market year.
Permanent Legacy Options
Life insurance that doesn’t expire. Securing your insurability today, guarantees your coverage options for life. Whether you pay for the insurance, or let the market growth take care of it, let an experienced professional walk you through your options.
Tax Advantages
Section 7702 code outlines the guidelines for a permanent policy’s cash value to grow on a tax-deferred basis. Withdraws from these policies can be structured on a tax-free basis in the form of policy loans
Guarantees are backed by the financial strength and claims and paying ability of the issuing insurance company. Indexed universal Life products are complex in nature and may have fees and costs associated with them. In order to provide lifetime coverage, the owner of the policy needs to pay premiums for life. If the insured pays the premiums from the cash value, it could reduce the death benefit and/or cause the policy to lapse.
