Indexed universal life · Salinas and Monterey County
Indexed universal life (IUL) insurance: what it is and who it's for
Lifetime coverage with flexible premiums and cash value growth linked to a market index, with a floor that protects against market losses.
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We'll show you real IUL illustrations, including the caps and fees, before you decide anything.
Licensed California life insurance agents · CPIS
What is an IUL?
Life insurance first, with room to grow
An indexed universal life (IUL) policy is permanent life insurance. Its cash value earns interest based on a market index such as the S&P 500, up to a cap, and the floor means a bad year for the market doesn't reduce your credited interest below zero.
Flexible premiums
Within limits, you can adjust how much you pay as your budget changes.
Growth potential with a floor
Interest is credited based on an index, up to a cap. In a down year, the floor keeps credited interest from going negative.
Know the costs
Policy charges continue every year. Underfunding a policy can cause it to lapse, so we'll walk through realistic numbers with you.
IUL questions
Is an IUL a good investment?
An IUL is life insurance, not an investment account. It can be a good fit if you want permanent coverage plus cash value growth potential and you understand the caps, fees and policy terms.
IUL vs whole life: what's the difference?
Whole life has fixed premiums and fixed growth. An IUL has flexible premiums and growth linked to an index, with caps and a floor. Whole life is more predictable; an IUL has more growth potential and more moving parts.
IUL vs 401k: which is better?
They do different jobs. A 401k is a retirement savings account, often with an employer match. An IUL is life insurance with cash value. Many people use both, and we'll help you see where each fits.
Can I lose money in an IUL?
The floor protects your credited interest from market losses, but policy charges still come out every year. If the policy is underfunded, the cash value can shrink.
Other ways we can help
Term life insurance
Affordable coverage for 10, 20 or 30 years, so your mortgage, bills and kids are covered if something happens to you.
Learn more: Term life insuranceWhole life insurance
Permanent coverage with a premium that never goes up and cash value that grows over time.
Learn more: Whole life insuranceFinal expense insurance
A small whole life policy that pays for the funeral, burial and final bills, often approved with a few health questions and no medical exam.
Learn more: Final expense insuranceAnnuities
Fixed and fixed indexed annuities that protect your principal and can pay you an income for as long as you live, backed by the insurance company that issues them.
Learn more: AnnuitiesRetirement and 401k/403b rollovers
Changing jobs or retiring? We'll help you understand your rollover options and plan the income you'll need in retirement.
Learn more: Retirement and 401k/403b rollovers
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We're based in Salinas and serve families across Monterey County and California.
Serving Salinas, Monterey County, California
Hours
- Monday
- 9:00 AM – 5:00 PM
- Tuesday
- 9:00 AM – 5:00 PM
- Wednesday
- 9:00 AM – 5:00 PM
- Thursday
- 9:00 AM – 5:00 PM
- Friday
- 9:00 AM – 5:00 PM
- Saturday
- Closed
- Sunday
- Closed