Safely Invest Your Money
-
The cash value in your policy is tied to an index like the S&P 500.
-
The policy only participates in the GAINS in the market.
-
The policy protects from DROPS in the market.
- Risk-free way to earn large interest rates on your money.
What Benefits Do I Get With An IUL
-
Death benefit- your family receives money when you pass away.
-
Living benefits- borrow against the death benefit if you become critically or chronically ill.
-
Accumulate cash- save up for big purchases such as a car or a down payment on a house. Borrow from your policy instead of a bank.
-
Retirement income- have a steady stream of income in retirement.
Use YOUR Money
-
Borrow against your cash value through a policy loan or withdraw cash value.
-
There are no restrictions regarding how you can use your money. You can buy a car, a house, use it for college tuition, you name it.
-
Borrow against your cash value as a form of retirement income.
-
Become critically, chronically, or terminally ill? Borrow against the death benefit to pay for medical bills or use as a form of income replacement.
Who Is An IUL Best For?
-
Individuals who want to grow their money quickly.
-
Individuals who are willing to invest in their future.
-
Individuals who want a stream of income in retirement.
-
Individuals who want to protect their loved ones when they pass away.
-
Did you know you can start an IUL for a newborn baby?
Did you say a newborn baby?
Insurance is based on age and health.
-
A child is the perfect candidate for life insurance, especially an IUL. ​
Let's run an illustration of a two year old female whose parents started her an IUL. They want to pay $50 a month ($600 a year) until she is 65. At the age of 65 they want her to stop having to pay the $600 a year, and enjoy the money.
Age: 2
Gender: Female
Monthly Premium: $50
Total premium paid at age 65: $37,800
Total cash accumulation at age 65: $288,050
Death benefit amount at age 65: $435,990
Annual retirement income starting at age 65: $20,242
​
Because you locked in the cost of insurance for the rest of their life, investing just $600 dollars a year, has the potential to turn into $288k. And you put in less than $40k.
Sound too good to be true?
-
Not everyone can qualify for this type of policy.
-
You must be healthy in order to qualify for an IUL.​
-
The sooner the better (even a newborn can apply for an IUL).
-
-
Not every agent knows how to structure them for optimal cash value.
-
It is important to work with an agent who specializes in IULs or the policy could lapse (cancel).​
-
This occurs when the policy is not funded correctly.
-
-
"Good things take time"
-
The policy takes years to accumulate cash value, but it is worth the wait!
-