02/08/2019
This sums it up!. My business is insurance. Your financial future depends on it.
Why is investment risk important? As a person gets closer to retirement, he or she has the security of knowing that the cash value in the EIUL will never decrease, but can only increase or stay the same. Based on a 10 to 30 year history, investments in a capped index fund that tracks the S&P 500 can expect an average annual return of 7% to 9% without the volatility one would experience if invested in the index itself (via a mutual fund, etc.).
What is Equity Indexed Universal Life Insurance (or EIUL)? Let's pull the veil off one of the most interesting life insurance policies available.