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9 Reasons Business Owners Should Own Indexed Universal Life 

Indexed Universal Life Insurance or IUL's are great for entrepreneurs and business owners. Check out the list below to find out why.

• 1. Retirement Savings: Business owners need to save for retirement since they don't have access to employer-sponsored plans. An IUL policy can provide tax-free withdrawals or loans in retirement, supplementing other savings.
• 2. Potential for high returns: IUL’s are linked to a stock market index, so you have the potential to earn higher cash value returns than you would with a traditional whole life insurance policy.
• 3. Protection against market volatility: The cash value growth in an IUL policy is tied to the performance of a stock market index but with downside protection. This means that even if the market experiences downturns, your policy's cash value will not decline.
• 4. Tax-Free growth: The cash value of an IUL grows tax-free.
• 5. Flexibility: You can choose how much you want to pay in premiums, and you can adjust your policy as your needs change.
• 6. Key Person Insurance: An IUL policy can provide a death benefit to help surviving business partners buyout a deceased partner's share of a business, ensuring continuity and financial security.
• 7. Death benefit: An IUL provides a death benefit that can be used to cover your final expenses or provide income for your loved ones.
• 8. Liquidity: You can access the cash value of your IUL policy through loans or withdrawals, which can be helpful if you need money for a business expense or other financial needs.
• 9. Asset Protection: IUL policies may provide some protection from creditors. This can be valuable for entrepreneurs who want to shield their personal and business assets from potential lawsuits or liabilities related to their business activities.

The chart below is a historical comparison of how an IUL (blue line) with a 0% risk floor and growth cap of 15% performed over 10 years compared to the market (red line). Notice, the funds indexed with the market realize gains when the market rises and remains level during market downturns.

Contact our licensed insurance specialists today for a free life insurance consultation.