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Understand Your Options

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TERM LIFE INSURANCE

Pure protection for a specific period (10, 20, 30 years, etc.).

Key Features:
- Pays a death benefit if the insured dies during the term.
- No cash value accumulation.
- Lower premiums compared to permanent life insurance.
Pros: Affordable, simple, great for income replacement or specific obligations (mortgage, college tuition).
Cons: Coverage ends when the term ends; premiums can increase if you renew later

INDEXED UNIVERSAL LIFE (IUL)

A type of universal life where the cash value growth is tied to a stock market index (like the S&P 500).

Key Features:
- Upside potential from index gains (capped by the insurer).
- Downside protection — usually a 0% floor, so you don’t lose cash value when markets drop.
- Flexible premiums and death benefit like UL.
Pros: Growth potential with some protection; flexible.
Cons: More complex; caps and participation rates limit upside

This is how many of our clients “become their own bank.

Protect, grow, and access your money tax advantaged.

Permanent life insurance with flexible premiums and death benefits.
Key Features:
- You can adjust premiums or death benefit over time.
- Cash value grows based on a credited interest rate (usually tied to the insurer’s portfolio).
Pros: Flexibility in payments and death benefit; potential for better cash value growth than whole life.
Cons: Requires management — if cash value drops, you may need higher premiums.

Universal Life Insurance

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Universal life insurance where cash value can be invested in sub-accounts (like mutual funds).

Key Features:
- You can choose where your cash value is invested.
- Death benefit and cash value fluctuate with the investments.
Pros: Highest growth potential; flexibility in premium and death benefit; control over investments.
Cons: High risk; cash value can lose money; most complex type; requires ongoing attention and risk tolerance.