Whole Life and Indexed Universal Life

Some whole life policies can also earn annual dividends, a portion of the insurer’s financial surplus. You can take the dividends in cash, leave them on deposit to earn interest or use them to decrease your premium, repay policy loans or buy additional coverage. Dividends are not guaranteed.

Call one of our experts today to see how a permanent life insurance policy can protect you and your loved ones.

You can borrow money against the account or surrender the policy for the cash. But if you don’t repay policy loans with interest, you’ll reduce your death benefit, and if you surrender the policy, you’ll no longer have coverage.

Like all permanent life insurance policies, whole life and indexed life provide lifelong coverage and includes an investment component.

An Indexed Universal Life (IUL) policy can be a great life insurance option because it combines lifelong death benefit protection with the potential to build cash value tied to a market index—without directly investing in the market. It offers flexibility in premiums and death benefits, tax-advantaged cash value growth, and downside protection through built-in floors that help shield your policy from market losses. For families and business owners, an IUL can serve multiple purposes: providing financial security for loved ones, creating a supplemental retirement income stream, and offering access to cash through policy loans when opportunities or emergencies arise. When structured properly, an IUL is a powerful long-term tool for protection, growth, and financial flexibility.