INDEX UNIVERSAL LIFE INSURANCE

May be ideal for those who need death benefit protection but are focused on cash value accumulation for lifetime needs such as supplementing retirement income. Increasing the death benefit may be subject to additional underwriting approval.

OFFERS:

I KNOW WHAT TYPE OF LIFE INSURANCE I WANT, HOW DO I BUY IT?

Before you can purchase life insurance, you need to qualify for it.
We will ask you to provide us with information that we then use in what is called underwriting. This is the process that an insurance company uses to determine risk.
Second, all of this information is provided to an underwriter. An underwriter is someone who is specially trained to assess your application and determine what risk, if any, may exist. Once all of your information has been reviewed, the company will either approve or deny your request. That process can take days or weeks depending on the information received.
Lastly, your agent will contact you and go over the results of your underwriting and details of your policy.

1. Policy loans and withdrawals reduce the policy’s cash value and death benefit and may result in a taxable event. Withdrawals up to the basis paid into the contract and loans thereafter will not create an immediate taxable event, but substantial tax ramifications could result upon contract lapse or surrender. Surrender charges may reduce the policy's cash value in early years.
2. It is possible that coverage will expire when either no premiums are paid following the initial premium, or subsequent premiums are insufficient to continue coverage.
3. Guarantees are dependent upon the claims-paying ability of the issuing company.
4. “Standard and Poor’s®,” “S&P®,” “Standard and Poor’s 500,” and “500” are trademarks of Standard & Poor’s and have been licensed for use by Life Insurance Company of the Southwest. The product is not sponsored, endorsed, sold or promoted by S&P and S&P makes no representation regarding the advisability of investing in this Product. The S&P Composite Index of 500 stocks (S&P 500®) is a group of unmanaged securities widely regarded by investors to be representative of large-company stocks in general. An investment cannot be made directly into an index.
5. Indexed Strategy Interest Credited - Premium allocated to an Indexed Strategy earns interest based on the performance of the S&P 500® Index subject to any applicable Caps and Floors. All insurers that illustrate Indexed Universal Life Insurance Policies are required to calculate a maximum interest rate that may be credited to any Indexed Strategy for the calculation of the Current Non-guaranteed Values in the Ledger. That rate is calculated by selecting a Strategy from the policy’s Indexed Strategies that meets specific criteria determined by the National Association of Insurance Commissioners to act as a Benchmark Strategy. The geometric average annual credit rate for the Benchmark Strategy is determined for 25-year periods beginning 65 years prior to the current calendar year of the illustration’s publication, and for each trading day thereafter, ending with the 25-year period preceding the year of the illustration’s publication. The table below shows the geometric average minimum and maximum, of all 25-year periods described above, for the Benchmark Strategy. The maximum interest rate is then determined by calculating the arithmetic mean of the geometric averages. However, if 145% of the gross portfolio earnings of the general account assets that are allocated to support the policy being illustrated is less than the calculated arithmetic mean of the geometric averages, then that percentage must be used as the maximum interest rate.
6. Benchmark Index Strategy Average Minimum Average Maximum One Year Point to Point with a 11.25% Cap and 0% Floor,
7. Current Credited Participation Rate is 6.69%
8. The use of trusts involves complex tax rules and regulations. Consider enlisting the counsel of an estate planning professional and qualified professional legal and tax advisors prior to implementing such sophisticated strategies.