—June 14, 2011
Indexed Universal Life (IUL) sales in the first quarter of 2011 were up 42% over the same period last year, according to AnnuitySpecs.com’s Indexed Sales & Market Report. First Quarter sales for the top 39 carriers participating in the report were $203 million.
IULs offer an attractive alternative to fixed UL products in today’s low-interest rate environment. By tying the cash value growth on the policy to an index like the S&P 500, IULs give the policyholder an opportunity for larger gains when the market performs well.
Here is a an IUL Index Performance History from North American Company that shows how the S&P and various other indices performed over the last 15 years compared to its Builder IUL Series.
North American has four IULs in its portfolio, each with client-friendly features and a history of performance.