Excel Index UL

Excel Index UL is flexible premium equity indexed universal life insurance policy issued by Ameritas Life Insurance Corp. in most states, and issued in New York by Ameritas Life Insurance Corp. of New York. It is designed to offer you life insurance protection, growth potential linked to a portion of the gains in the S&P 500 Index and a guaranteed interest rate that protects your policy values from market loss.


Excel Index UL can provide affordable protection for your family or business. The death benefit is payable to beneficiaries tax free to help meet the needs of those you leave behind.

Growth Potential

Excel Index UL offers growth potential by providing you two ways to allocate your money:

  • A participation account with returns linked to gains in the S&P 500 Index, and a fixed account that is credited with a declared interest rate.

The participation accounts offer the potential for growth, depending on the performance of the S&P 500 Index. If the S&P 500 Index increases, excess interest above the guaranteed interest will be credited at the end of the 12 month Index Period.

Any earnings grow on a tax-deferred basis so your money can work for you over the long term. You can use the funds to pay for college expenses or to supplement your retirement income.

Withdrawals and loans will reduce available death benefit and policy value. Withdrawals beyond basis may be taxable income. Excessive and unpaid loans will reduce death benefits and policy value and may cause the policy to lapse.

Guaranteed Interest Rate

Even if the S&P 500 Index is flat or declines, your Excel Index UL policy will not lose money. Instead, a guaranteed interest rate of 2% is credited to your account value, even when the market falls. Guarantees depend on the claims-paying ability of  the issuing company.

Custom Options

A variety of riders and features gives you the flexibility to structure your Excel Index UL policy to meet your unique financial needs.

Getting Started

Your insurance or financial professional can provide more information and can assist you in obtaining Excel Index UL to help meet your needs. For more information see our product brochure.


In approved states, Excel Index UL (form 3009) is issued by Ameritas Life Insurance Corp. Policy and riders may vary and may not be available in all states.

Standard & Poor’s 500™ Index is comprised of 500 stocks representing major U.S. industrial sectors. S&P 500 and Standard & Poor’s 500™ are trademarks of Standard & Poor’s and have been licensed for use by Ameritas Life Insurance Corp. The product is not sponsored, endorsed, sold or promoted by Standard & Poor’s and Standard & Poor’s does not make any representation regarding the advisability of investing in the product.

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