Indexed Universal Life is a great tool! There are many other companies that offer Indexed Universal Life or IUL policies. The key is to understand how or if the policy you are considering fits your needs. With that said, American National Insurance Company has introduced a new policy – Signature Plus Indexed Universal Life Insurance.
CNN
This review on CNN gives more details about this policy. Another key data point is to figure out if this is available in your state. California is very slow to accept new policies. Some states have simple policies – some simply accept a policy if another state or group of states accept the policy.
As you read the review – notice how sentences are formed… “… may enhance returns …” – I’ve learned more about this industry by watching the word selection.
I like this type of product for the right person. If you would like to determine what fits you best – call our office. Ask for Rick Loek (Lock) and let’s see what fits your particular situation.
Resources
There are several books on the subject of using life insurance for retirement or savings.
Signature Plus Indexed Universal Life Insurance
American National Insurance Company
Introduces a New Indexed Universal Life Policy With an Interest Rate Enhancement –
Signature Plus Indexed Universal Life Insurance