The life insurance industry is saturated with different types of policies and agencies trying to sell to those policies. Getting down to the nitty gritty of what you truly need to know in order to make an informed decision can be tedious business. Relying on your friend and family can only get you so far, as their needs may not be the same as yours. The licensed insurance agents of Premier Financial Alliance (PFA) understand that, as they focus on educating, marketing, and selling necessary life insurance policies to those who need it. One product in particular that Premier Financial Alliance specializes in educating their clients on is an Indexed Universal Life policy (IUL). Indexed universal life insurance policy is a type of universal life insurance policies that provides death benefit protection and the opportunity to build money inside your policy, called cash value, based in part on the increases of market indexes. With an Indexed Universal life policy, you have the opportunity to allocate specified cash amounts to either equity index accounts or fixed accounts. Though the concept of an Indexed Universal Life policy may sound complicated at first, it’s not as complicated as one may think. There are a number of pros and cons that come with an Indexed Universal Life policy, and Premier Financial Alliance reviews them with you thoroughly so you are fully aware of all the aspects of the product.
While indexed universal life policies may not be for everyone— that is why you need a PFA trained professional life insurance agent to advise you as to the best type policy for your needs.