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Index Universal Life Insurance

A vehicle that helps you build predictable, safe, tax-efficient wealth for the rest of your life.

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Key Benefits

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Safe & Steady

Never risk losing your principal yet still access steady growth within a set range every year, with a cap (typically 9%) and a floor (typically 0%) based on the returns of an index like the S&P 500.

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Protective

Get lifelong coverage with the option to protect you and your loved ones in a variety of scenarios.

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Tax-Efficient Growth

Have the potential to grow tax-efficient wealth by investing your premiums into assets you choose.

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IUL Money Calculator

IUL policies typically allow you to grow a portion of your premiums through allocation to an index. Insurers often offer a growth cap of 9% and floor of 0%. This allows for upside potential with downside protection. Did I mention it’s all tax-efficient?

monthly premium

$211,425

6.40% average return

$68,628

1.71% average return

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DEATH BENEFIT

A death benefit will be associated with the policy based on an individual's age and health.

*Tables and charts are for illustrative purposes only and are not based on any specific policy example. Please reference your specific policy for additional details. All guarantees and contractual obligations are based solely on the claims-paying ability of the issuing life insurance company.

Steady returns and long-lasting protection

Want some extra cash but don't want to sell your stocks or take out money from your retirement or your house? We offer IUL policies that offer a predictable growth trajectory for a portion of your premiums to use for retirement while offering protection that lasts a lifetime.


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FAQs

Why do I need life insurance outside of work?

Life and health insurance provided by the majority of employers offer temporary coverage while you are employed. However, if you are no longer with your current employer you will no longer be covered for life insurance or disability. In the case of a debilitating disease or a critical injury, you will most often only be offered a period of disability through work, after which your benefits will cease to exist.

Yes, you may be the owner of a life insurance policy that insures someone else. Typically, there are three parties in a life insurance contract:

  1. The owner, who has the right to make decisions
  2. The insured, who’s life is covered
  3. The payor, the individual or entity that is paying for the policy.


However, you will need three items to be able to buy life insurance on another party: Insurable interest - there needs to be reasonable financial risk for the owner if the insured passes away Medical exam - most often, there is a medical exam required for the insured to complete Consent forms - the insured will need to sign the application and policy approval form to acknowledge their consent Some examples of individuals you can purchase policies on are: business partners, children (the one instance where you do not need their consent as long as they are under 18 years old), spouse, and parents.

Yes, there are two types of life insurance policies that allow for spouses to purchase a joint life insurance policy: First-to-die: this means that 100% of the life insurance coverage will be paid out to the first spouse that passes away to be given to the second spouse. Typically, first-to-die policies are more expensive than a normal life insurance policy. Since the life insurance company is insuring 2 lives vs. 1. Second-to-die: this means that 100% of your life insurance coverage will be paid out only after both spouses pass away and be given to their beneficiaries. Normally, we recommend that each spouse get their own life insurance policy, that way they can protect each other in the case of a life emergency and maximize their coverage amount overall for what they are paying in premiums.

It depends on what you need and many people do have multiple life insurance policies. Here are some of the most typical reasons for having multiple life insurance policies: You need additional coverage - sometimes there are life changes that bring forth the need for additional coverage, such as taking on an additional mortgage or having another child. Often, people add more coverage when such life events occur. You have different purposes for each life insurance policy - many individuals who own multiple policies own them for different reasons, such as one is used as a tax-free wealth transfer to beneficiaries while another is used for accumulating cash value (with each having very different structures to maximize the purpose and intent for purchasing the policy). You are looking to get additional coverage for a specific rider, such as long-term care or critical illness - each life insurance company will only insure you up to a certain amount for long-term care or critical illness. If you wanted additional coverage for these specific healthcare riders, you may need to purchase additional coverage through another life insurance company or purchase a stand-alone policy. You want to mitigate risk in the case of a life insurance company’s bankruptcy - some individuals choose to purchase life insurance through multiple life insurance companies in fear of one going bankrupt. However, life insurance companies rarely go bankrupt and even if they do, they have multiple layers of protection (read “What if my life insurance company goes bankrupt?” for more information). Amplify only works with A-rated companies in the U.S. Make sure to check the rating of the life insurance company you purchase before accepting the policy.

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