Premium Load refers to a percentage of the premium that is deducted before the remaining amount is allocated to the policy's cash value account.
Premium Load refers to a percentage of the premium that is deducted before the remaining amount is allocated to the policy's cash value account. This deduction is used to cover the insurance company's administrative costs, commissions, and other expenses associated with issuing and maintaining the policy. Premium loads can vary among different IUL policies and can impact the overall growth of the cash value over time.
Premium Load refers to a percentage of the premium that is deducted before the remaining amount is allocated to the policy's cash value account.
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