Indexed universal life insurance is a permanent life insurance policy. It offers a cash value element along with a death benefit for the insurer. The insurer can earn interest on the money in their cash value account on the basis of the stock market index their insurance carrier chooses. However, there is no fixed rate interest, but it provides an interest rate guarantee. This means the insurer is not exposed to market fluctuations and associated risks. As insurers fund the indexed universal life insurance with post-tax money, the policyholder can withdraw funds at any age without paying tax.
At Edison Risk, we help you create a strategic indexed universal life policy for your clients that help them build their wealth over time. We support the policyholders unlocking the real cash value of indexed universal life insurance growing tax-free funds that they can pull out in the form of tax-free loans that they don’t need to pay back during their lifetime. By leveraging our knowledge and expertise, you can deliver the best results to your clients.
