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Pre-retirement capabilities: While some hesitate to invest in permanent life insurance due to it being more expensive than term insurance, during your accumulation years, IUL can offer diversification, return of premium, tax diversification and lower fees compared to other investments. Further, the cash value in IUL provides growth opportunities without downside risk, offering flexibility for withdrawals at any age and for any reason.

A tool for retirement: IUL provides tax-advantaged withdrawals and tax-deferred growth, acting as a source of tax-free retirement income. It can also be leveraged to address various risks, including tax bracket fluctuations, sequence of returns, longevity and health care expenses.

If you’re looking to further diversify your portfolio beyond stocks and bonds, there may be many more options than you have ever considered.