Indexed Universal Life (IUL)
IUL is a sophisticated permanent policy whose cash value grows based on a market index, with flexible premiums. It offers powerful upside for the right candidate — but it is the hardest product we offer to qualify for.
Who qualifies
IUL requires both strong health underwriting and financial underwriting. Applicants must fall within a specific age range and demonstrate the income and health profile carriers require. Older applicants and those with health conditions are commonly declined.
How it works
- 1
Cash value is credited based on the performance of a market index (like the S&P 500), subject to caps and floors.
- 2
A floor protects your cash value from market losses, while a cap limits the upside.
- 3
Premiums are flexible — within limits, you can adjust what you pay over time.
- 4
Requires careful, ongoing management to stay properly funded and in force.
Best for
- Younger, healthy, higher-income applicants inside the issue-age window
- Those seeking tax-advantaged cash-value growth potential
- People comfortable with a more complex, actively managed policy
What to consider
- Hardest to qualify for: strict age ranges plus health and financial underwriting mean many applicants are declined.
- Not designed for older applicants or those primarily needing burial coverage — final expense is usually the better fit.
- Returns are capped, fees apply, and an underfunded policy can lapse.
See what you actually qualify for
Tell us a little about yourself and a licensed specialist will match you to coverage that fits — starting with the products you're most likely to be approved for.
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