When you make premium payments, a portion of the payment goes towards the death benefit, ensuring the protection of your loved ones in the unfortunate event of your passing. Simultaneously, another portion of the payment is allocated to an investment account that provides tax advantages, allowing your money to grow more efficiently.
The investment account associated with IUL policies is linked to market indices such as the S&P 500 or Dow Jones Industrial Average, giving you exposure to the potential growth of these indices. While direct investment in these indices is not possible, IUL policies are designed to align the value of your investments with the performance of the market. This means that as the market thrives, your investments have the potential to grow in tandem, offering you the opportunity to build wealth over time.
IUL insurance policy provides a unique financial solution that combines the security of life insurance with the potential for market-related growth.
IUL policies allow for flexibility in the death benefit amount, which can be increased or decreased based on the policyholder's needs.
Funding retirement, saving for college tuition, and building wealth are important goals for many households. Investing in Indexed Universal Life (IUL) insurance can be a great way to help reach these objectives while also providing death benefit protection and tax advantages.
Retirement Income Supplement , Tax-Deferred Growth , Potential for Market-Linked Growth with Downside Protection, Death Benefit Protection, Flexible Premiums and Coverage Amounts, Tax-Free Loans and Withdrawals, Accelerated Benefits Riders.
Copyright © 2024 Vogar USA Inc - All Rights Reserved.
Powered by GoDaddy
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.