|Our well-rounded indexed universal life (XL) product portfolio provides four product options that will easily help you find the right product for your client's needs. With death benefit protection and a shield from negative returns, our XL products provide opportunity for cash value growth and long-term protection.
The secret to the shield from negative returns is the index account.
XL-DB4 (Indexed UL – Death Benefit) – A low-cost structure and broad range of face amounts (beginning at $25,000) make it an affordable personal insurance product for most clients. The available Premium Guarantee Rider1 (PGR), which provides a death benefit guarantee to any age up to attained age, may appeal to clients seeking long-term protection.
- Cash value growth linked to stock market indexes
- Never less than zero percent – shields your clients from negative returns with a zero percent floor
XL-EC4 (Indexed UL – Early Cash) – XL-EC4 is a no-premium-load product with competitive early cash values. It offers the potential for positive surrender values in year one when using the product's Waiver of Surrender Charge Option2. When combined with its Table Shaving3 feature the XL-EC4 is particularly appropriate for large lump sums and competitive cases. Great for retirement planning sales, clients with sizable 1035s, business insurance cases and clients who desire early cash values.
XL-CV5 (Indexed UL – Cash Value) – XL-CV5 is a long-term cash-value product. Its broad range of face amounts (beginning at $25,000) make it appropriate for a wide range of clients. XL-CV5 features high target premiums and may be appropriate for cases designed with high level funding at target or above. Great for retirement planning sales without the market risk.
Legacy Guaranteed® SIUL – Legacy Guaranteed Survivorship Indexed Universal Life is a policy that is issued on two individuals and pays a death benefit when the last individual dies. Its available riders allow you to customize the policy to meet the client's needs whether the need is high early cash value, or long term cash value accumulation.