IUL Insurance Review

Indexed universal life insurance can be a great addition to many people’s overall financial plan. But before moving forward with the purchase of an IUL policy, you will do the IUL Insurance Review to be sure that it is the right fit for you.

In doing IUL Insurance Review, there are several questions that you should ask yourself in order to make a well-thought-out decision. These include the following:

Do you need the protection of life insurance?
What tax bracket are you currently in?
What tax bracket do you anticipate being in at retirement?
When do you estimate your retirement to begin?
Have you maxed out your employer-sponsored retirement plan and/or a personal IRA account?
Are you seeking alternate strategies for building tax-deferred savings?
How is your current health condition?
Do you have a family history of serious or adverse health issues?
What is your investment risk tolerance?
Do you have an ample amount of disposable income?
Do you anticipate having enough retirement income streams to pay your future living expenses?

Working in conjunction with a financial professional who is well versed in indexed universal life insurance can help you in determining whether or not an IUL policy will be in your best interest, and if so, they can also assist you with narrowing down your IUL policy options.

Is IUL the Right Choice for You?