Hidden Math in Index ULs
There are some considerations to know before selling or buying an Index Universal Life insurance (IUL) product. Some IUL products include Bonus Multipliers that enhance the illustrated interest rates for a more favorable, though unlikely, illustrated result.
At face value they look great! These illustrations look mathematically correct, but they tend to portray the most positive possible outcomes - something most clients might not experience. Take a look at the new tools created to help improve understanding of illustrations, IULs, bonus multipliers, and how it all really works.