Many of indexed universal life insurance policies that we sell have critical illness coverage, chronic illness coverage, and terminal illness coverage.
For this reason, indexed universal life insurance offers an opportunity for market - linked returns, while at the same time providing protection of principal.
But for those of you who are seeking to gain a stronger grasp of indexed universal life insurance pros and cons you will find the following article very helpful and insightful.
If you have any questions about indexed universal life insurance policies or about some of the other options for you, please contact one of our agents today.
Because of that, the account value of equity indexed universal life insurance policy will go up and down based upon the market movements of the underlying index that is being tracked.
Affordable index universal life insurance coverage with built - in, no - cost living benefits, cash accumulation, and a guaranteed death benefit up to age 100.
Others buy indexed universal life insurance because maybe they don't want to pay premiums forever and the cash value buildup can pay the premiums later in life.
A truly flexible product, index universal life insurance combines the death benefit of traditional life insurance with the ability to accumulate cash value over time.
Whether you're interested in indexed universal life insurance or another type of permanent * insurance, we offer a variety of life insurance policies from which to choose.
The same goes if the cost of the insurance itself is growing due to its age and your premiums are not keeping up such as with indexed universal life insurance.
Therefore, if cash value is one of your highest priorities, consider a product that can build significant cash value, such as indexed universal life insurance.
If you decide that indexed universal life insurance plans don't work for you and your family, there are dozens of other life insurance policies that you can choose from.