Sentences with phrase «indexed universal life contracts»

Not exact matches

Thus, in the same way that life insurance companies offer alternatives such as guaranteed universal life insurance, indexed universal life insurance OR variable life insurance, annuity contracts offer similar options.

Those matters have arisen from almost every aspect of the development, pricing, marketing, underwriting, sale, administration and claims handling of whole, universal, variable and indexed life insurance, as well as variable, fixed and indexed annuity contracts and retirement products.

Modified Endowment contracts (MEC) Modified Endowment Contracts (MEC) are the result of paying too much funding premium into a equity indexed universal life, variable universal life, or other adjustable life policy in too short a period of time (usually in the first contracts (MEC) Modified Endowment Contracts (MEC) are the result of paying too much funding premium into a equity indexed universal life, variable universal life, or other adjustable life policy in too short a period of time (usually in the first Contracts (MEC) are the result of paying too much funding premium into a equity indexed universal life, variable universal life, or other adjustable life policy in too short a period of time (usually in the first 7 years).

When an earnings rate is pegged to a financial index such as a stock, bond or other interest rate index, the policy is an «Indexed Universal Life» contract.

Modified Endowment Contracts (MEC) are the result of paying too much funding premium into a equity indexed universal life, variable universal life, or other adjustable life policy in too short a period of time (usually in the first 7 years).

Alternately, some universal life insurance contracts have cash value returns tied to an equity index such as the S&P 500.

Indexed universal life policyholders benefit from tax - free contract loans that exceed the premiums paid — the accumulated loan is paid off at death by a tax - free death benefit.