Friday, April 30, 2010
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Sunday, April 25, 2010
What is equity indexed universal life insurance?
Equity index universal life insurance, or EIUL, is a form of permanent universal life insurance that ties the performance of the policy’s cash value account to a stock market index.
EIUL policies are permanent life insurance products that provide death benefits that never expire. Coverage will remain in force for as long as you continue making necessary premium payments.
EIUL policies, like all permanent life insurance products, accumulate cash value. A small portion of every premium payment made is set aside in a separate tax-advantaged account within the policy.
Permanent Coverage
EIUL policies are permanent life insurance products that provide death benefits that never expire. Coverage will remain in force for as long as you continue making necessary premium payments.
Cash Value Accumulation
EIUL policies, like all permanent life insurance products, accumulate cash value. A small portion of every premium payment made is set aside in a separate tax-advantaged account within the policy.
Friday, April 23, 2010
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