Life is unexpected, and you need a life insurance plan that adapts with your ever-changing needs. You want coverage that will build assets as you build your career, protect your family from the unexpected and provide a death benefit for your loved ones — all while taking advantage of continued growth should the market increase. You want life insurance that will simplify life’s challenges so you can focus on what’s most important.

Strategic Choice IUL^® offers flexible premiums and the added benefit of cash value growth through fixed and indexed accounts. Each type of account has unique benefits. By strategically allocating your premiums, you can achieve specific financial objectives based on your individual needs. Future insurability options are also available for your family and can be secured through additional riders*.

How do index segments work?

As you pay premium into your IUL certificate, you will select how much you would like allocated to fixed and indexed accounts. The fixed account earns a competitive current interest rate with a minimum guarantee of 2.00 percent, securing steady, stable growth. Indexed accounts earn interest annually based on the upward movement of the S&P 500® Index (Click to read disclosure) while offering downside protection from a declining market.

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Strategic Choice IUL^® uses an annual point-to-point index-crediting method that uses the movement of the S&P 500® Index as one factor in determining interest credits. Other factors include the minimum floor rate and cap rate.

How do flexible premiums work?

Like traditional universal life insurance, flexible premiums allow you to adjust how and when you pay your premiums. This gives you the freedom to pay more now and less when you might need to, but you should keep the cash value well-funded to maintain your valuable life insurance coverage.

*Riders available for additional cost based on underwriting and the age of the insured; riders must be purchased at issue.​​​​​

​Dollar cost averaging for lump-sum deposits

When you fund your IUL certificate with a lump-sum premium payment, you can participate in dollar cost averaging, which spreads the lump sum equally into 12 segments over the course of a year. If a particular segment doesn’t perform well, you may still have a more favorable return with the other segments. The lump sum will initially be deposited into the fixed account and then transfer into indexed segments incrementally over the course of a year.​
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Product Features:

• Issue ages: 0-85

• Minimum amount of insurance: 

  • $25,000 (issue ages 0-49)
  • $10,000 (issue ages 50-85)

• Maximum amount of insurance: none (subject to Home Office approval)

• Indexed option: S&P 500® Index:

  • Current cap rate: 9%
  • Guaranteed minimum cap rate: 3.00%
  • Guaranteed minimum floor rate: 0.50%

• Current accumulation rate: 4.50%

  Guaranteed minimum interest rate on fixed accounts: 2.00%

• Riders*:

  • Children’s Term Life Rider
  • Waiver of Monthly Deduction Rider
  • Chronic Illness Rider
  • Critical Illness Rider
  • Terminal Illness Rider

  *Optional riders available for additional cost and subject to underwriting approval.