Indexed Universal Life Insurance
Flexible Protection Designed for Long-Term Planning
Indexed Universal Life Insurance combines permanent life insurance with features that may provide long-term flexibility and cash value growth opportunities. Legacy Core helps you compare available options and determine whether this type of coverage aligns with your financial goals.
Start With Your Goals
What Are You Trying to Accomplish?
Before exploring how Indexed Universal Life works, it helps to think about what matters most to you.
Some individuals value permanent coverage that can be adjusted over time. Indexed Universal Life is designed to offer flexibility in premium payments and death benefit amounts, within the terms of the policy.
Certain permanent life insurance policies may accumulate cash value over time. With an IUL, cash value growth is tied to the performance of a market index, subject to policy caps, floors, and other contract terms.
At its foundation, Indexed Universal Life is life insurance. It is designed to provide a death benefit to your beneficiaries, helping protect the people who depend on you.
Some individuals consider permanent life insurance as one component of a broader long-term financial strategy. Whether IUL fits your plan depends on your goals, timeline, and overall financial picture.
A Simplified Overview
How Does It Work?
Indexed Universal Life has several moving parts. Select each step to see how they fit together.
Step 1
Premiums
You pay premiums into the policy. IUL policies are designed to allow some flexibility in how and when premiums are paid, within contract limits.
Select any step to learn more. This diagram is a simplified overview and does not represent any specific policy.
Common Questions
Questions People Often Ask
Indexed Universal Life (IUL) is a type of permanent life insurance that includes a cash value component. Cash value growth is linked to the performance of a market index, subject to the terms of the policy.
No. IUL is a life insurance policy, not an investment product. Its primary purpose is to provide a death benefit. Cash value features are governed by the terms of the insurance contract.
A portion of each premium, after policy charges, may be allocated to the policy's cash value. Crediting is based on the performance of a chosen index, subject to caps, floors, and participation rates set by the insurance carrier.
IUL is generally considered by individuals seeking permanent life insurance who also value flexibility and a long-term outlook. Whether it is appropriate depends on your goals, budget, and overall financial picture. A licensed professional can help you evaluate your options.
Educational Information
Before Choosing Any Permanent Life Insurance
Permanent life insurance is a long-term commitment. Here are a few things worth understanding before making a decision.
A Simple Self-Assessment
Is IUL Right for You?
Not a quiz — just a few points to consider. If most of these resonate, Indexed Universal Life may be worth exploring further.
- I'm looking for permanent life insurance coverage.
- I'm interested in long-term planning, not short-term results.
- I value flexibility in how I fund my policy over time.
- I understand that this is a long-term strategy, not a quick outcome.
Let's Explore Your Long-Term Options
We'll help you compare available insurance solutions and determine whether Indexed Universal Life fits your goals.