Give a team member a call and schedule an appointment for a sit-down with us today! We want to make sure you’re getting the most out of your policy. Indexed Universal Life insurance is generally a policy for people who are looking to invest an initially large up-front lump sum in order to achieve a tax-free retirement.
An example of how this would work is similar to how a Roth IRA works. This is where you pay taxes now on the money you put into the fund, and later, when you pull it out, you get the money tax-free. You should also bear in mind that there is a cap on returns when it comes to an Indexed Universal Life insurance policy.
But It Might Just Be Worth The Risk!
A few perks for Indexed Universal Life insurance policies is that despite all the risk and possibility of a downside, there is also an upside to that profit too! This policy has the best potential in making you money, plus there is a broad and flexible market. Falling onto the high potential of returns, our team members will walk you through the call options this policy can use.
Another one of the previously mentioned perks to Indexed Universal Life insurance is the tax-free payout you’ll eventually receive! What this means is that you don’t have to pay any kind of taxes when you withdraw the gained savings. You won’t even have to worry about your cash value amount shrinking if you accept Social Security benefits. You can use both as a form for retirement with no impact on the two.
Indexed Universal Life insurance will provide you the permanent coverage you deserve so long as the premiums are paid. A great benefit of the flexible nature of this type of insurance is that it can be designed and tailored to fit you. This means personalization that meets your investment and planning goals, not a one-size-fits-all policy. Our team at Best Life Insurance Houston is very avid about ensuring that you get the insurance that meets your exact needs.
At the end of all the pros that have to do with the accumulated cash build-up, you still get death benefits. This money can be utilized to pay off any debts or pay for funeral expenses. Death benefits can help your loved one financially during a difficult time or even set their future up! Our team at Best Life Insurance would love to help you set something up within your policy to help you invest in your family’s future!