Index Universal Life Insurance (IUL)
Index universal life insurance can help protect a family’s standard of living or help fund a child’s education in the event of the death of the insured. The policy also offers options to change death benefit amounts or adjust premium payments within certain limitations.
Safe Solution offers a unique combination of features that are designed to help you meet your retirement goals. It provides an opportunity for potential interest growth based on changes to the S&P 500®. In addition, since the account value grows tax-deferred, your account value will accumulate faster than a taxable account. No other product type offers you the opportunity to earn upside interest based on positive changes to an index while offering the downside protection of a guaranteed minimum interest rate of 0%
Indexed universal life policies fall into the category of permanent life insurance. These policies offer death benefit protection when death happens. Additionally, the premium payments have the ability to earn interest to build cash value on the policy.