IUL Made Easy [Video]

You understand the benefits of indexed universal life insurance, but do your clients? Share the first video of a two-part series to explain how indexed universal life insurance works and its unique benefits.

Indexed Universal life (IUL) insurance is a type of permanent life insurance that provides death benefit protection along with tax-preferred cash value growth potential based on the movement of an underlying indexed account. Minimum and maximum crediting rates allow for upside potential with downside protection. You can use the cash value growth in a variety of ways including retirement, college funding or other goals. [vsw id=”LHNkSh33V1A” source=”youtube” width=”600″ height=”344″ autoplay=”no”]

To learn more about Indexed Universal Life to see if it might be right for you click here

Life insurance products contain fees, such as mortality and expense charges (which may increase over time), and may contain restrictions, such as surrender periods. The Indexed Universal Life Series is designed first and foremost to provide life insurance protection. While the interest crediting options are attractive for cash accumulation, the product should always be promoted to first meet the death benefit needs of families and businesses with cash accumulation as a secondary benefit.

This information is a general discussion of the relevant federal tax laws provided to promote ideas that may benefit a taxpayer. It is not intended for, nor can it be used by any taxpayer for the purpose of avoiding federal tax penalties. Taxpayers should seek the advice of their own advisors regarding any tax and legal issues specific to their situation.

Policy loans and withdrawals may create an adverse tax result in the event of lapse or policy surrender, and will reduce both the surrender value and death benefit. You should consult your tax advisor when considering taking a policy loan.

Guarantees are based on the claims-paying ability of the issuing insurance company. 

Please note an investor cannot directly invest in an index.