Indexed universal life (IUL) offers premium and coverage flexibility with the potential for more cash value growth because it's linked to the performance of a stock market index. You can designate some or all of your policy's cash value to earn index credits based on market performance up to a cap rate. Those index credits will never be negative, even if the market goes down.
Other policy benefits include:
There are no additional costs for these features.
Building value in an Indexed Universal Life insurance policy starts with your monthly premium payment. Then you subtract policy charges and your insurance policy and rider charges from the account value. Finally, you credit (or add) any interest earned in the fixed accounts and any index growth credits earned.
The index interest crediting rates you'll receive are:
You should choose the life insurance option that best meets your needs. Here’s a snapshot of what an indexed universal life policy offers:
Want to compare life insurance policy types? See them side-by-side.
You might have heard about insurance “riders” and wondered what they are. They’re simply add-ons you can include with your base insurance policy. It’s kind of like adding a sports package to your basic cable subscription. Here are the features you can add to your indexed universal life policy for an extra cost.
Choose up to $50,000 of term insurance for each of your kids ages 0-17. In addition to current coverage, it gives them the opportunity to convert to a permanent policy at age 23 without additional medical exams.
If you become disabled and cannot work for a specified period of time, your monthly deductions will be waived (after a six-month waiting period) while you are disabled.
Guarantees you the right to purchase additional life insurance protection – without a medical exam – every three years between ages 22 and 43.
Your representative will help you choose the right policy type, amount and payment option. They’ll also walk you through the application process, which includes filling out a few forms, answering some health questions and possibly being asked to complete a basic medical exam.
Find a local rep or start online. We'll help you find life insurance that works for you.
Life insurance policies issued by COUNTRY Life Insurance Company® and COUNTRY Investors Life Assurance Company®, Bloomington, IL.
The information and descriptions contained here are not intended to be complete descriptions of all terms, conditions and exclusions applicable to the products and services. The precise insurance coverage under any COUNTRY Investors insurance product is subject to the terms, conditions and exclusions in the actual policies as issued. Products and services described in this website vary from state to state and not all products, coverages or services are available in all states.
1A physician must certify you as chronically or terminally ill.
COUNTRY Financial® affiliated companies and our representatives cannot give tax or legal advice. Please consult legal and tax counsel of your choice regarding your personal circumstances. Any information we provide reflects or understanding of current tax laws which are subject to change and reinterpretation.
Indexed Universal Life Insurance ICC21(IUL), IUL(ND21)
Child Term Insurance Rider ICC21(IULCTR), IULCTR(ND21
Accelerated Death Benefit Due To Chronic Illness ICC21(IULCI), IULCI(ND21)
Guaranteed Insurance Option Rider ICC21(IULGIO), IULGIO(ND21)
Accelerated Death Benefit Due to Terminal Illness ICC21(IULTI), IULTI(ND21)
Waiver of Monthly Deduction Rider ICC21(WMDR), WMDR(ND21)
Accelerated Benefit Endorsement AB (12/04)