The IUL Difference2019-01-01T15:06:39+00:00

The IUL Difference

Discover Why Millions of People Nationwide are in Love with the IUL (Index Universal Life)

The IUL Difference

Discover Why Millions of People Nationwide are in Love with the IUL (Index Universal Life)

An IUL can provide you with all the following

  • Cash accumulation
  • Interest rate of up to 15%
  • Safety of funds (guaranteed minimum interest rate) No losses due to market decline
  • Tax advantage (tax free withdrawals & tax-free loans)
  • Permanent life insurance protection which provides medical benefits for qualified illnesses as well as lump sum cash payout in case of death
  • Protection against law suits, judgement, divorce or any legal action.
  • Access to your money at any age, no age restriction
  • Life Time Income after accumulating for as little as 7 years
  • Loan interest rate less than 1%
  • Flexibility, Inputs may vary up or down and changes in coverage can be made

Term insurance

  • Term insurance is only for a term such as 10yrs, 20yrs or 30yrs
  • To receive money from Term Insurance the insured must die within the term
  • If the insured does not die within the term then all premiums paid over the years are kept by the insurance company.
  • As a result, many people with Term Insurance end up late in life with No insurance and in many cases, they can longer purchase insurance due to age or poor health.
  • Term Insurance does not provide Cash Accumulation
  • No flexibility, (No payment, No insurance coverage).

Whole life insurance

  • Whole life insurance requires the insured to make payments for his whole life
  • Interest rate on the cash value is at a low fixed rate (generally about 4%)
  • Interest rate on loans from the policy is high (generally 8 – 9%)
  • No Flexibility, Death benefit is fixed, Input is fixed
  • Not designed to provide Life Time Income

Universal Life (UL or VUL)

These products either offer a low fixed rate of interest on your cash or they are invested in the market which:

  • Has No Floor or Guaranteed Minimum interest rate
  • Subject to Market Losses which could wipe out a large portion of your cash overnight

Bank account

  • The interest rate in Banks are extremely low and provides little or no growth. Some interest rates are as low as .001% which is almost nothing.
  • Any growth on money in the bank is Taxable. Tax could eat away over 25% of your earnings
  • There is no life insurance attached to your savings in the bank. In case of major illness or death your family gets only the amount that you have saved

401k, 403B,

  • The money in these accounts are mostly invested in the market.
  • No safety, you could lose a large portion of your savings overnight
  • You must pay taxes when withdrawing funds
  • You also pay penalty if you touch your money before a certain age.
  • No life insurance attached to these accounts. In case of major illness or death your family gets only what you have in the account.
  • These accounts come with various age restrictions

IRA

  • Your money is mostly invested in the stock market. You could lose a significant portion of your money overnight.
  • This is a taxable account
  • Comes with many restrictions including age restrictions
  • No life Insurance. In case of major illness or death your family gets only the amount that you have saved in the account.

Roth IRA

  • You could lose a large portion of your money overnight due to stock market decline
  • Comes with many restrictions. It restricts how much money you can put into the account and it restricts how much you can take out.
  • Various Age Restrictions regarding when you can access your cash etc.
  • No Life Insurance. In case of major illness or death your family gets only what you have in your account.

Annuity

  • Mostly low fixed interest rate (generally 3 – 4%)
  • You could be required to wait 10 – 15 years before you can touch your money
  • Some Annuities does not allow Lump Sum payout you must accept small periodic payouts
  • Gains are taxable
  • No Life Insurance. In case of major illness or death your family gets only what you have in the account.

Mutual fund

  • Funds are mostly in the stock market. No Guarantees, No Floor. You could lose a large portion of your money overnight.
  • Gains are Taxable
  • No life Insurance. In case of major illness or death your family gets only what you have in the account.

Mattress Account

  • No interest on your money, No Growth with money under the mattress
  • No safety, subject to thieves
  • In case of major illness or death your family receives only the amount that you have saved under the mattress