All of these statements about Equity Indexed Life Insurance are correct, EXCEPT: Cash value has a minimum rate of accumulation If the gain on the index goes beyond the policy’s minimum rate of return, the cash value will mirror that of the index The premiums can be lowered or raised, based on investment performance Tied to an equity index such as the S&P 500
All of these statements about Equity Indexed Life Insurance are correct, EXCEPT:
Cash value has a minimum rate of accumulation
If the gain on the index goes beyond the policy’s minimum rate of return, the cash value will mirror that of the index
The premiums can be lowered or raised, based on investment performance
Tied to an equity index such as the S&P 500
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