Best iul companies

Best IUL Companies

There’s more to your ordinary IUL life insurance company from just a death benefit, including the cash value accumulation option. The insurance market has become very competitive in the recent past, and it is vital for companies to offer the best products to attract customers. But who to choose? These companies are some of the best the market has to offer.

Minnesota Life

Minnesota Life is one of the best IUL companies in the market, operating with the Orion Indexed Universal Life and Eclipse Indexed Life Insurance as its major components. IUL policyholders can enjoy all the benefits associated with the policy by using the company’s products. Minnesota Life offers a wide range of indexed universal life policy products that include three death benefit options, plus the cash value accumulation option.

Penn Mutual

Penn Mutual is one of the most competitive IUL life insurance companies that offer focused client products. The company provides death benefit products and guarantees policyholders adjustable premium payments.

Penn Mutual has three major components that include; Accumulation Builder II Indexed Universal Life, Accumulation Builder Choice Indexed Universal Life, and the Survivorship Plus Indexed Universal Life. Clients can choose between the level death benefit or an increasing benefit under maximum flexibility. Also, the company offers both a fixed account and an indexed account as investment platforms for its clients.

North American Company for Life and Health

This IUL insurance company is based in North America and has four major IUL products, including Guaranteed Builder IUL, Survivorship GIUL, Survivorship GIUL, and Builder IUL., North American Company for Life and Health also provides cash value accumulation as a longterm investment plan for its clients.

The company allows a wide range of crediting methods, but the most notable ones include Daily Averaging, Annual Point-to-Point, and the Monthly Point-to-Point. The cash-value funds can be accessed through policy loans or regular withdrawals.

American National

American National is another successful IUL company that offers its clients the best IUL products, including the cash value accumulation option and the death benefit product. The company sets the crediting rate through its index crediting option. Cash value account activities for this company are tracked using the S&P 500 index.

There is an abundance of companies offering IUL products, and it can be dizzying to try to keep up. These are, of course, suggestions, but these are best IUL companies that stand out from the pack, with flexible premiums, cash value accumulation, and a wide range of death benefit options.