Financial professionals

Aster in a rocket

Indexed universal life insurance

Traveling through space requires power, but also protection, and the flexibility to adjust to unexpected events. Indexed universal life (IUL)  is kind of like that — flexibility with protection for your family and the power to grow cash value.

IUL could be a good fit for:

A person whoBecause
Is interested in having death benefit protection during their entire lifetimeIt’s permanent
Wants the potential to grow cash values faster than with an interest only policy, and wants to avoid negative returnsIt links growth of cash value to indexes like the S&P 500®
Seeks flexibility in their policy so it can adjust to their changing lifestyleIt gives you the ability to adjust parts of the policy, within certain limits

Key benefits of indexed universal life

Provide a death benefit

Your loved ones get a guaranteed, tax advantaged death benefit if you die

This can protect your family from your early death and help ensure that your plans for them still come true

Build cash value

Your premiums create cash value that you can access for needs, including retirement

Cash values can be accessed on a tax advantaged basis for whatever purpose you have in mind

Adjust premium and death benefit

Stay flexible with the ability to adjust your premium amount and death benefit based on future needs


Ask Aster

What is indexed universal life? 

Sometimes you have to keep space transmissions brief, so here’s mine for IUL: Upside potential. Downside protection. 

Indexed universal life (IUL for short) is a type of life insurance that offers the potential for cash accumulation (tax-deferred) based on market performance, along with a floor on performance that protects the policy’s values from market losses. 

Sounds interesting, is there anything else I should know?

One great thing about IUL is that even though your cash value growth is linked to an index, like the S&P 500®, you won’t have any negative investment returns. But you should know, your upside is also limited to a cap (typically somewhere between 7-12%) based upon several factors. 

How IUL differs from other permanent products

More flexibility with your premiums, including how much and when you pay

You can adjust the death benefit amount your beneficiaries would receive as your needs change

You can also increase the policy’s values based, in part, on the performance of financial market indices1

Explore IUL

Now that you understand why indexed universal life insurance may be right for you, aim your telescope toward these materials to get a deeper understanding

1 Interest linked growth is based in part on the movement of the selected market index and is subject to applicable caps, spreads, and/or participation rates. 

The S&P 500® Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by AuguStarSM Life Assurance Corporation. Standard & Poor’s® , S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by AuguStarSM Life Assurance Corporation. AuguStar LifeSM Assurance Corporation‘s Virtus indexed universal life insurance is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index.

Withdrawals and loans may reduce the death benefit, cash surrender value and any living benefit amount.

Indexed universal life insurance is issued by AuguStarSM Life Assurance Corporation. Product, product features and rider availability vary by state. Issuer not licensed to conduct business in NY.

Cookies help us improve your website experience. By using our website, you agree to our use of cookies.