Ethos Index Universal Life Insurance (IUL)
Life insurance that protects you 3 ways 1. Death benefit protection Lifelong protection for your family
Ethos IUL is designed to provide life insurance coverage you’ll never outlive. As long as certain premium and cash value requirements are met, your loved ones are guaranteed to receive a tax-free death benefit 1 . Financial support if major illness strikes If you’re diagnosed with a qualifying critical, chronic, or terminal illness, you can access a portion of your death benefit early for medical expenses, your bucket list, or any other purpose.
2. Cash value growth potential Tax-advantaged accumulation
Increase cash value through fixed account growth or through index options that credit you based on the performance of popular market indexes, up to a maximum. Growth is generally tax-free 2 . Zero downside risk If an index is down, the index option to which it's tracked will never go below 0%—meaning you’ll avoid all market-based losses.
3. A lifetime financial cushion Liquidity during your working years
Access your policy’s available cash value any time via tax-free policy loans and withdrawals 3 . Loans and withdrawals affect long-term policy performance. Retirement income options Activate the Lifetime Income option for a monthly income that lasts as long as you live. Or tap your policy’s cash value for supplemental retirement income as needed.
1. In general, life insurance death benefits are free from federal income taxes pursuant to the IRS (IRC § 101(a)(1)). In certain situations, however, life insurance death benefits may be partially or wholly taxable. Potential examples include the sale of a life insurance policy, or employer-owned policies. Consult your tax advisor for full details. 2 Cash value growth becomes taxable only if you withdraw more than the total of premiums paid, or if the policy lapses. 3 Tax-free incomes assumes that 1) withdrawals do not exceed tax basis (generally, premiums paid less prior withdrawals) and 2) that the policy is not a modified endowment contract. See IRC §§ 7702(f)(7)(B), 7702A. Loans and withdrawals that exceed the total premiums paid will also become taxable if a life insurance policy lapses.
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