Momentum IUL combines the coverage, potential for capital growth and flexibility allowing clients to change the terms depending on their current needs. The product offers investments in stock market indices, for example, in the S&P 500 and Nasdaq 100. This provides the opportunity to accumulate capital with tax deductions. The policy provides full coverage from volatility, which helps to minimize risks.
A special feature of the product is that it provides a choice of different durations of options. For example, for a certain period of time, you can include various insurance coverages, or indicate several people as beneficiaries. In addition, the policy owner can increase the amount of the insurance payment for a certain period of time upon death. Additional terms include coverage for chronic illness, disability, accelerated death benefits and other options.
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