Limited Premium

In an Indexed Universal Life (IUL) Insurance Policy, a Limited Premium Payment Structure signifies a pre-set, shorter period for premium payments, rather than paying throughout the policy's life. It involves:

• Set Payment Duration: Options typically include 10, 15, or 20 years.
• Full Funding Within Time Frame: No additional premiums are required after this period.

Post-Premium Payment Benefits:

• Continuous Death Benefits: Protection remains active.
• Ongoing Cash Value Accumulation: Based on the performance of a chosen index (e.g., S&P 500).

Such a structure in IUL policies suits those who prefer to invest more upfront and enjoy lifelong coverage without the burden of continuous premium payments.