FAQ's

Who needs it?

Anyone with people who rely on their income (kids, spouse, business partner) or who wants to cover debts/final costs.

Indexed Universal Life: permanent coverage with flexible premiums and cash value interest linked to a market index (with caps and a 0% floor).

Age, health, smoking, lifestyle/occupational risks, driving history, and coverage amount/term length.

Often not—many carriers offer “no-exam” or accelerated underwriting based on health questions and data.

Same day to a few weeks, depending on underwriting and medical records.

Any person(s), trust, or organization. You can name multiple and set percentages.

Death benefits, dividends, and borrowing from a cash value policy are generally income-tax-free.

From cash-value policies (whole/IUL), yes.