Insurance Professional – Insurance Professionals are licensed insurance agents in the states in which they are offering insurance products.
IUL – Flexible Premium Adjustable Life Insurance Policy with Index-linked interest crediting options based on financial market indices.
Underwriting Insurance companies of IUL policies sold do not sponsor, or promote any portion of the MPI® Strategy.
Permanent insurance means that this policy will continue until the maturity date as long as the surrender value has enough cash value to pay the monthly deductions on each deduction date.
Policy loans are subject to an interest rate charge ranging from 4-6%.  Loan interest is due on each policy anniversary. If you do not pay the interest when due, that interest will be added to the principal amount of the loan and will be charged interest at the same interest rate as the loan. If there is not enough surrender value available to pay the loan interest when due and you do not make a loan interest payment, the policy will terminate, subject to the grace period provision of the policy.
The actual rate of interest may be higher or lower based on the actual performance of the index. Under some circumstances, certain amounts received from an IUL policy may be subject to taxes.
All examples shown are for illustrative purposes only and are hypothetical in nature.
By contacting us, you may be offered information regarding the purchase of individual life insurance products. Products may not be available in all states.