Secure Your Future With a Policy That Works for You

Look into an indexed universal life insurance policy in Murray, Utah

If you’re looking for a flexible permanent life insurance plan, indexed universal life (IUL) insurance might be right for you. If you’re interested in learning more, The Point Insurance in Murray can tell you everything you need to know.

An IUL insurance policy offers the potential for higher returns compared to a whole life insurance policy, but it comes with some level of risk and complexity. We’ll sit down with you to explain the pros and cons of this insurance so you can feel confident making a decision moving forward. It’s that easy.

A few things you need to know

Before taking out an IUL insurance policy, there are a few things to keep in mind:

• Death benefits typically go to $1 million.
• IUL insurance combines a death benefit with a cash value component.
• It’s best to buy a policy between the ages of 20 and 65. You can get it for less in your 20s than you can if you’re over 70.
• The cash value grows based on a stock market index but without you directly investing in the market.
• Premiums are flexible, meaning you can adjust them or take out loans against the cash value as needed.
• Indexed universal life insurance is very versatile and can be used for different purposes aside from life insurance.
• The growth is usually subject to a cap (maximum return) and a floor (minimum return), which protects against market losses.

Get in touch with us today to schedule your consultation.