Offering Index Universal Life Insurance
Index universal life insurance can provide the resources your clients will need to handle the financial challenges a death would bring. While they’re not directly invested in stocks or an index itself, the growth of the cash value in this type of policy is linked, in part, to the performance of one or more stock market indexes. This gives your clients the potential to earn higher returns and still be protected from losses because of the guaranteed floor provided in the policy.1
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Index universal life insurance policies from Ameritas offer:
Provides your clients with an acceleration of the death benefit if they face a chronic, critical or terminal illness. The Care4Life rider uses the lien approach, so your clients will know:
Learn more about the lien vs the discount approach.
S&P 500® Index
S&P 500® Sector Rotator Daily RC2 5% Index*
S&P MARC 5% Index*
BNP Paribas Momentum Multi-Asset 5
Russell 2000® Index**
MSCI EAFE® Index**
Fixed Account with a declared interest rate not linked to an index.
* Available only on Growth IUL II.
** Not available on Growth IUL II.
Provides payment of a specified premium to be credited to the policy as premiums paid during continued covered disability of the insured after the total disability has continued for six consecutive months.
Death Benefit Option A (level)
Death Benefit Option B (increasing)
Death Benefit Option C (return of premium)
A fixed loan offers a consistent interest rate.
A variable loan’s interest rate varies based on Moody’s Corporate Bond Yield Average Index. A variable loan and interest remain in the index and/or fixed account, which can help grow the policy’s account value.
A closer look at our individual products
Ameritas Growth II Index Universal Life
Good for clients looking for an IUL policy that offers more potential for cash value accumulation and volatility managed indices.
Ameritas FLX Index Universal Life
Good for clients looking for a competitive, flexible IUL policy.
Ameritas Value Plus Index Universal Life
Good for clients looking for all the benefits of an IUL policy at a more affordable cost.
Ameritas Growth Index Universal Life
Good for clients looking for an IUL policy that offers more potential for cash value accumulation.
Competitive features
- Supplemental Coverage rider.
Provides additional coverage of up to nine times the base policy coverage at a lower total premium than the base policy alone. The coverage under this rider is included in the policy's total death benefit and in the calculation of the accelerated death benefit.
A closer look at our survivorship product
Ameritas Value Plus Survivor Index Universal Life
Good for clients looking for a competitive second-to-die IUL policy.
Competitive features
- Short- and long-term no-lapse guarantees.
The short-term guarantees the policy will stay inforce for 20 years or to attained age 95, whichever is earlier. It’s automatically included with the policy at no additional charge.
The Long-Term No Lapse Protection rider is available at an additional cost. It guarantees the policy will stay inforce when the cash surrender value is less than the monthly deduction.
- Policy Split rider.
Allows the policyowners to split the policy into two individual policies under certain conditions including dissolved marriage or if the IRS Code is amended to eliminate the Federal Estate Tax Marital Deduction or if the maximum federal estate tax rate is reduced to 25% or less.
Related sales ideas
Start with the basics
Read about overcoming client objections to buying life insurance.
Explain the differences between individual and group coverage
Help clients determine if their employer coverage meets all their needs.
Position life as an asset
Learn how life insurance can help round out a client’s portfolio.
Add flexibility to a financial strategy with living benefits
Educate your clients about living benefits.
Survivor Strategy Guide
Learn how survivor life insurance can help clients with so much more than estate tax issues.
Learn more about sales ideas and order materials on Producer Workbench.
Share information about life insurance
Check out these Ameritas Insights blog articles about life insurance that you can share with your clients. Simply select a share button at the end of the article.
How to Pay for a Serious Illness in Retirement
April 22, 2024
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10 min read
Understanding Whole Life Insurance with Dividends
January 19, 2024
| 4 min read
How to Read Your Life Insurance Policy
January 11, 2024
| 5 min read
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Call the Ameritas sales support team at 800‑319‑6903 for illustration and product support.
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1Guarantees are based upon the claims-paying ability of Ameritas Life Insurance Corp.
2Rider is called Accelerated Death Benefit Rider on Ameritas FLX Living Benefits Index Universal Life. The Care4Life rider and the Accelerated Death Benefit rider are not long-term care products.
3The index options are not securities; your clients are not investing in stocks or an index itself. Therefore, credited interest rates do not include dividends paid by companies in the indexes.
4Withdrawals 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. If a policy lapses, unpaid loans are treated as distributions for tax purposes.
Neither Ameritas Life Insurance Corp. nor its representatives provide tax or legal advice. Please consult your attorney or other tax professional for more information.
The S&P 500® Sector Rotator Daily RC2 5% Index and S&P MARC 5% Index have limited historical information having launched on 10/19/2018 and 3/27/2017, respectively. For more information about the S&P 500® Sector Rotator Daily RC2 5% Index, visit spglobal.com/spdji/en/ indices/strategy/sp-500-sector-rotator-daily-rc2-5-index/#overview. For more information about the S&P MARC 5% Index, visit spglobal.com/ spdji/en/indices/strategy/sp-marc-5-index/#overview. The S&P 500®, S&P 500® Sector Rotator Daily RC2 5%, and S&P MARC 5% are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by Ameritas Life Insurance Corp. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”).
Ameritas Life Insurance Corp.’s index products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P®, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500®, S&P 500® Sector Rotator Daily RC2 5%, or S&P MARC 5%.
The Ameritas index products have been developed solely by Ameritas Life Insurance Corp. The products are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group PLC and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the Russell 2000® Index (the “Index”) vest in the relevant LSE Group company which owns the Index.
Russell 2000® is a trademark of the relevant LSE Group company and is used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of reliance on or any error in the Index or (b) investment in or operation of the Ameritas index products. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Ameritas products or the suitability of the Index for the purpose to which it is being put by Ameritas Life Insurance Corp. and its affiliates. The Ameritas index products are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group PLC and its group undertakings (collectively, the “LSE Group”). The LSE Group does not accept any liability whatsoever to any person arising out of the use of Ameritas index products or the underlying data.
The MSCI EAFE® is a service mark of MSCI, Inc. or its affiliates (MSCI) and has been licensed for use by Ameritas Life Insurance Corp. and its affiliates. The Ameritas index products are not sponsored, endorsed, sold or promoted by MSCI and MSCI makes no representation regarding the advisability of purchasing the insurance product. MSCI bears no liability with respect to the products or to any index upon which the Ameritas index products are based. The index product contracts contain a more detailed description of the limited relationship MSCI has with Ameritas Life Insurance Corp., its affiliates and the Ameritas index products.
The BNP Paribas Momentum Multi-Asset 5 Index (BNPP Momentum 5 Index) has limited historical information. The BNPP Momentum 5 Index is an index strategy, launched on 1/27/2017. This product is not sponsored, endorsed, sold or promoted by BNP Paribas or any of its affiliates (collectively, “BNP Paribas”). Neither BNP Paribas nor any other party (including without limitation any calculation agents or data providers) makes any representation or warranty, express or implied, regarding the advisability of purchasing this product. The BNP Paribas Momentum Multi Asset 5 Index (the “Index”) is the exclusive property of BNP Paribas.
BNP Paribas and the Index are service marks of BNP Paribas and have been licensed for use for certain purposes by Ameritas Life Insurance Corp. Neither BNP Paribas nor any other party has or will have any obligation or liability to owners of this product in connection with the administration or marketing of this product, and neither BNP Paribas nor any other party guarantees the accuracy and/or the completeness of the Index or any data included therein. For more information about the BNPP Momentum 5 Index, visit momentum5index.bnpparibas.com.
Ameritas Growth Index Universal Life (form 3022, in Oregon form ICC18 3022 2-18 and form ICC18 3022 SCH 2-18), Ameritas FLX Living Benefits Index Universal Life (form 3020), Ameritas Value Plus Index Universal Life (form 3024, in Oregon form ICC19 3024 1-19 and form ICC19 3024 SCH 3-19) and Ameritas Value Plus Survivor Index Universal Life (form 3027, in Oregon form ICC21 3027 3-21 and form ICC21 3027 SCH 3-21) are issued by Ameritas Life Insurance Corp. In New York, Ameritas Growth Index Universal Life (form 5022) and Ameritas Value Plus Index Universal Life (form 5024) are issued by Ameritas Life Insurance Corp. of New York. Policy and riders may vary and may not be available in all states.