5 Reasons your Clients can Benefit from our Competitive and Low Cost IULs
Our IUL products, Max Accumulator+ and Value+ Protector are designed for your clients that are looking for permanent life insurance protection.
1 Volatility Protection – Offers protection against market volatility, through global and domestic index interest crediting strategies. Learn more about Volatility Control in Volatile Market Conditions.
2 Cash Value Access1 & Riders – Allows clients to take distributions as needed because life doesn’t always go as planned.
3 Tax Diversification – Helps fuel supplemental retirement income that is generally tax-free.1
4 Low Cost Structure – Its affordable and transparent cost structure is designed to help generate optimal, stable income in good years and bad years.
5 Non-Medical Underwriting2 – It’s faster and easier to acquire for policies that qualify.
We are making changes to our suite of IUL products to comply with AG 49-A beginning November 21, 2020.
There’s still time – applications received in good order on or before November 20 are eligible for current IUL products and competitive rates.
1 Assumes the use of withdrawals to basis and/or policy loans. Policy must comply with IRS requirements to qualify as a life insurance contract. Total premiums in the policy cannot exceed funding limitations under IRC section 7702. Withdrawals during the first 15 years of the contract may be treated as income first and includible in policyholder’s income. If the policy is classified as a modified endowment contract (see IRC section 7702A), withdrawals or loans are subject to regular income tax and an additional 10% tax penalty may apply if taken prior to age 59 ½. Distributions will reduce policy values and may reduce benefits. Availability of policy loans and withdrawals depend on multiple factors including but not limited to policy terms and conditions, performance, and fees or expenses.
2 Non-medical underwriting means that no in-person paramedical examination will be required of an insurance applicant.