Product

Indexed Universal Life (IUL)

 

Life insurance that provides uninterrupted compound interest by combining a permanent life insurance policy with a cash value component that can earn interest based on the performance of a stock market index, like the S&P 500. It is a typer of LIRP that offers the potential for higher cash value growth than traditional universal life policies, along with a guaranteed minimum interest rate. These policies are offered by investment grade insurance companies.

Benefits:

Death benefit coverage for your entire life plus some or all the living benefits below, depending on the specific product and chosen options.

A portion of your premiums contributes to a cash value account that can grow over time, often at a higher rate than traditional universal life policies.

The cash value can earn interest based on the performance of a selected stock market index, such as the S&P 500, and the growth within the policy is typically tax-deferred.

They are not subject to RMDs.

May have a "floor" or guaranteed minimum interest rate, even if the index underperforms, providing protection against market downturns.

Offer flexibility in premium payments and death benefits, allowing you to adjust them as needed.

Judgement proof, meaning creditors cannot legally seize them to collect a debt.

They do not undergo probate.

Can be borrowed against tax free and it is not necessary to repay the borrowed money; in fact, the insurance company would prefer that you not pay it back.

Considered a very safe investment product that is protected against market volatility.

Operates under IRS code 7702-A (created in 1904).

This type of product is a Tier 1 risk.

 

Allianz IUL- What Makes It Better For Accumulation
Presentation by Tony Martinez (founder of TKO Financial Netowrk)
https://www.youtube.com/watch?v=PwMgCpsQyMg

 

If you are interested in exploring a Indexed Universal Life (IUL), please contact us for a free no obligation consultation.

 

If you have questions or would like to know more about any of the iproducts we offer, please contact us to speak with one of our licensed professionals for a free no obligation consultation.
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