Benefit Base Bonus' is a special perk you get with specific life insurance policies. Think of it like a cherry on top of your ice cream sundae. It gives your policy's cash value a little boost based on how well a selected financial index is doing.
'Benefit Base Bonus' is a special perk you get with specific life insurance policies. Think of it like a cherry on top of your ice cream sundae. It gives your policy's cash value a little boost based on how well a selected financial index is doing.
Now let's talk about how this relates to Indexed Universal Life insurance, or IUL for short. The IUL is a type of life insurance that lets you earn more on your policy's cash value based on the performance of a certain financial index, like the S&P 500. It's kind of like having a small investment within your life insurance policy.
Benefit Base Bonus' is a special perk you get with specific life insurance policies. Think of it like a cherry on top of your ice cream sundae. It gives your policy's cash value a little boost based on how well a selected financial index is doing.
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