When your clients are purchasing the new Income Advantage IUL, their policy will build cash value based on the performance of the S&P 500. Our new Indexed Universal Life Calculator provides clients with information that can help them assess the indexed interest rate potential for an allocation of each of the S&P 500 crediting options.
The report includes:
- How often the indexed interest would have been less than or equal to the annual floor, greater than or equal to 3 percent, greater than or equal to a sample rate, and greater than or equal to the cap rate based on one-year rolling periods
- The rate the indexed interest crediting rate would have hit at 90 percent, 75 percent, and 50 percent frequencies based on 5-, 10-, and 15-year rolling periods
- How often the indexed interest would have reached the sample rate in a 5-, 10-, and 15-year rolling period
- A glossary of frequently used IUL indexed interest crediting terminology
The new look-back calculator, as well as information on our new Income Advantage IUL product, can be found on our training website, DiscoverIUL.com.