penn mutual accumulation builder select indexed iul

The policy is quite generous with a 2% minimum growth rate and a 10.5% maximum cap rate. The Global Accumulator IUL from Accordia earned our policyholder the largest amount of money for retirement with a cash-value of $169,981. ML Strategic Balanced Index: Initial 100% min. Variable: Varies max 1% above fixed account crediting rate Each of the insurers offer different cap rates on the potential interest earned, but to keep the results comparative each illustration is run with a set interest rate of 6%. At this point, she’ll have paid up her policy and is able to begin withdrawing income from the cash-value of these accounts. She will continue paying her premiums until she reaches the age of 65 years old. The potential policyholder profile used in each of our illustrations is a 37-year-old woman who is getting a policy with a $400 monthly premium.

They also boast A.M Best ratings of A- or higher, indicating excellent stability and a solid economic outlook. Our six chosen insurance companies offer some of the highest cash-values in the industry. The 6 best indexed universal life insurance (IUL) companies We pulled illustrations from each of the six best providers of IULs to show exactly how their policies grow potential wealth for retirement. The large cash value of an indexed universal life insurance (IUL) can also be accessed with partial withdrawals during retirement years, and many policyholders use it to provide supplemental income. A minimum premium payment to keep the policy from lapsing is built in to make it easier to maintain life insurance in all financial situations. These indexed universal insurance policies are also designed to provide extra flexibility for policyholders. Are you looking for a way to set aside some extra money for your senior years, and maybe a little extra for loved ones to inherit? Most people opt for indexed universal life insurance because it offers the greatest cash value growth tied to the performance of S&P 500 index with the least risk thanks to floor rate.

Penn mutual accumulation builder select indexed iul