Indexed Universal Life
Life insurance that matters while you're alive.
Permanent coverage with a cash value account that credits interest based on a market index, with a floor that protects it from index losses. If you get seriously ill, living benefits let you use part of it while you're here.
- ✓ Living benefits if you're diagnosed with a serious illness (varies by carrier)
- ✓ Cash value you can borrow against — college, a slow year
- ✓ Not a replacement for your 401(k) or IRA — it works alongside them
Indexed Universal Life is insurance, not an investment. Subject to underwriting. Living benefits vary by carrier. Policy charges and loans reduce cash value.
Good fit if…
You've got room in the budget after your retirement accounts, or you're self-employed with no employer benefits, and you want protection plus cash value.
What it isn't
It's insurance, not an investment. Policy charges and loans reduce cash value, and it isn't the right fit for everyone — that's what the call is for.
The call
15 minutes with a licensed Minnesota agent. We look at what you're already funding and whether IUL, term, or nothing new is the honest answer.