Variable Indexed Universal Life (VIUL)
VIUL combines the structure of variable life insurance with index - based investment options , offering clients a defined approach to market participation within a life insurance framework.
Key Characteristics
- Permanent insurance
- Index-linked subaccounts
- Market risk applies
- Caps, spreads, or participation rates may apply
- Long-term funding discipline required
Use Cases
- Long-term wealth strategy
- Retirement coordination
- Estate liquidity
- High-income planning