Whole life insurancebenefits customers who want safe, fixed returns alongside the predictability of level premiums and a fixed death benefit. IUL policies may work best as an alternative to whole life for customers who prefer flexibility in managing their policy. IUL life insurance also allows policy...
As with any permanent life insurance policy, cash value accumulation from an IUL insurance policy wouldn’t count toward the earnings thresholds, nor would any loan amounts that you borrow. So you could take a loan against your policy to supplement Social Security benefits without detract...
One such option that has gained popularity in recent years is Indexed Universal Life Insurance (IUL). It offers a unique blend of life insurance protection and investment potential. In this article, we will dive into what IUL is, how it works, and explore its benefits and drawbacks to help ...
Based on the life of the insured, After a premium is paid, a portion goes toward the cost of the overall insurance. The additional is added to the cash value of the insurance. Not invested in the direct stock, the cash value with interest is credited in an equity index. Written into s...
Cap-Tran (Capital Transfer) is a proprietary software program that will help you illustrate critical wealth transfer concepts to your clients and prospects including the financial benefits to their heirs by transferring IRA or CD assets to life insurance. Click to Learn More Help your clients ...
While a promoter of Indexed Universal Life insurance policies can dangle pie-in-the-sky numbers in front of you and tell you, “These are the returns I bet we can get for you,” in contrast,Bank On Yourself-type dividend-paying whole life policyprojections must—by law—predict future grow...
That way the client can get the most cash value, the highest rate of return on all the benefits afforded to them by Indexed Universal Life. That is the first thing that has to happen. It has to be maximum funded. The second thing that has to happen is that it must be illustrated at...
they often times do not think of the significant tax liability they could incur later on in their life. An indexed universal life (IUL) policy has been making waves in the financial industry due to its three tax benefits that no other financial vehicle can offer: (1) tax-deferred growth,...
A Life Insurance Illustration using Voya Indexed Universal Life-Global Choice A Flexible Premium Adjustable Life Insurance Policy Designed for: (Standard Form #1186-09/12; may vary by state) BA-74 Valued Client Security Life of Denver Insurance Company Presented by: Chenshu Yuan Security Life of ...
(viii) cancel or terminate any insurance policy naming it as a beneficiary or a loss payable payee; (ix) enter into any collective bargaining agreements; (x) increase the compensation or fringe benefits of any of its officers or, other than in accordance with past practice, effect any ...