IUL is a type of permanent life insurance that provides both a death benefit to your beneficiaries and a cash value component that can grow based on the performance of a specified stock market index, like the S&P 500. Unlike direct investments in the stock market, your cash value has the potential to grow with the market and with a degree of protection against loss. Your premiums are flexible, allowing you to adjust them based on your financial situation.

Step 1: Fill out the survey below (CLICK HERE)

Step 2: Schedule a intro call with a licensed specialist.

Step 3: Build a custom illustration with a licensed specialist.

Step 4: Fill out application and apply with the carrier.

Step 5: Get approved and make your first premium.

Approval for an IUL is just an application process and most of the time exam free underwriting. The approval time can vary depending on the carrier. Some carriers have instant decision while others take 1-4 weeks. We guide our clients through every step to ensure a smooth and efficient process.

The minimum premium for an IUL policy varies by insurance carrier and your specific policy details, including your age, health, and the amount of coverage you're seeking. Generally, there is a minimum amount needed to keep the policy active, which can be discussed during your strategy session with us.

The maximum premium you can pay into an IUL policy is determined by the IRS to ensure that the policy remains classified as life insurance and benefits from tax advantages. Exceeding these limits can turn your policy into a Modified Endowment Contract (MEC), changing its tax treatment. We'll work with you to determine the optimal premium payments to meet your goals without surpassing these limits.

Max funding your Indexed Universal Life (IUL) insurance policy can provide numerous benefits, including accelerated cash value growth, enhanced death benefit protection for your beneficiaries, tax-advantaged growth, greater flexibility and control over your policy, and alignment with long-term financial planning goals. By contributing the maximum allowable premium payments, you can potentially optimize the performance of your policy, capitalize on market growth opportunities, and build a valuable asset that supports your financial security and legacy planning objectives.

If you face a critical, chronic, or terminal illness, you have the option to access portions of your death benefits to help manage your finances during these challenging times. These are complimentary benefits offered by some carriers to enhance the policy's value. However, it's important to note that not everyone qualifies for these free living benefits.