Product Basics Mastery

Question 1

10 Uses and Benefits of an IUL

Answer 1

1. Permanent Insurance Protection
2. Guaranteed Principle
3. Upside Potential
4. Emergency Fund
5. College Savings
6. No Tax on Earnings
7. Tax Free Loans and Withdrawals
8. No 59 & a half Rule
9. Retirement Income
10. Estate Replacement

Question 2

10 Benefits of an Indexed Annuity

Answer 2

1. Guaranteed Principle
2. Upside Potential
3. Up-Front Bonus
4. Low or No Fees
5. Lock in Gains
6. Income Riders
7. Guaranteed Income for Life
8. No Penalties on Rollovers
9. Death Benefit
10. Long Term Care Income Doubler