Index Universal Life
Premium Life Insurance Linked with Financial Index
We at Greg Belger – Safe Harbor Finance and Insurance believe that you deserve the perfect peace of mind in knowing that finances would be available to you and your family and estate after you retire.
Our Index Universal Life Insurance is a permanent life insurance policy that you can count on to ensure a strong financial future for yourself and your loved ones. Index universal life Insurance policy has the same quality of ordinary life insurance but adds one additional feature – the cash account is tied to the financial index performance. Therefore, the growth potential of the policy is relatively higher as compared to traditional life insurance policies.
| Returns based on market index | Protected from market’s downside risks | Flexible coverage throughout your life |
Benefits of Index Universal Life Insurance
Index universal life insurance provides greater potential for accelerated growth of the policy value. This ensures that the policy payout is sufficient to allow you and your family to continue their lifestyle when your income is no longer available. An indexed universal life insurance policy provides you the opportunity to allocate the cash value of the policy to popular equity index accounts such as the Nasdaq 500 or S&P 500.
Gives you upside potential
Indexed universal life insurance policy credits amount based on the upward movement of major stock indexes. This means that when the market performs well, so will you. Throughout the term of the policy, you will gain more cash value and additional retirement income linked with growth of the stock index. In addition, you can gain from the tax deferment benefits applicable on index universal life insurance, similar to ordinary universal life policy.
Gives you downside protection
An indexed universal life insurance policy provides guaranteed minimum returns irrespective of the performance of the market index. Guaranteed downside protection means that you will never incur losses in case the index is performing poorly at the market.
Greater Flexibility and Safety
As your needs changes, so can you change the policy of the index universal life insurance. This results in greater flexibility and safety of the policy amount. You can change your premiums, increase or decrease the death benefit, and add riders and other options to fit your requirements.
Legacy to Pass on to Your Heirs
An index universal life insurance allows you to transfer maximum wealth to your heirs. The amount that is transferred to the policy beneficiaries is high even after deducting tax and other obligations.
Accumulate Cash at Accelerated Rate
Index universal life insurance policy provides a tax deferred way to build and grow your wealth. The payout amount of the policy grows at substantial rates depending on the stock market performance.
Allows You to Secure Credit
You can borrow credit against the cash value of the index universal life insurance policy. The policy amount can be used as collateral for securing additional loans, thereby allowing you to tap the equity in your policy for fulfilling various requirements such as education, emergencies and retirement.
Policy Value Grows with Your Needs
The value of the life insurance policy grows according to the requirements and needs of your family. This is possible due to high growth potential of the policy amount, thereby ensuring that your loved ones will receive sufficient cash to easily fulfill all their financial obligations.
