Signature Indexed Universal Life (IUL) is a flexible premium universal life insurance policy with both fixed and indexed crediting options.
INTEREST CREDITING OPTIONS
Premiums may be allocated to a Fixed Account, one or more Index Strategies, or a combination of any of the available interest crediting strategies. Depending on the allocation, the policy holder can earn fixed interest or interest based upon the performance of the S&P 500® Index.
FIXED INTEREST CREDITING OPTION
The fixed account will earn interest at a rate periodically determined by the company. Interest is calculated using a compound method assuming a 365 day year.
INDEXED INTEREST CREDITING OPTIONS
American National uses annual reset point to point strategies to determine the interest, if any, to be credited to strategies. These strategies use the performance of an index, in this case the S&P 500® Index, between specific time frames, to determine the interest rate, subject to other limitations, such as the Cap, Floor, or Specified Rate, to be credited to an index segment in an Index Strategy.
Allow your clients to customize their coverage with policy riders.
There may be an additional cost for the riders above, see Benefits and Rider Guide for complete rider information. All riders are not available in all states.