LEVEL 400 · INSURANCE DECISION

IUL vs. Term + Invest the Difference

Compare modeled accessible cash value with investing the premium difference—without confusing either result with the death benefit.

Use comparable annual premium quotes, review the cash-value scenarios, then save. Enter 0 for costs that do not apply.

1 · Comparable premium quotes

Annual term premiumAnnual quote for the same death benefit and comparison period as the IUL quote.Annual IUL premiumAnnual premium, not the death benefit or cash value. The model invests the difference above the term premium.Comparison year

2 · Policy illustration assumptions

Modeled annual IUL creditAn assumed average annual credit; it does not model changing caps, participation rates or index paths.Modeled annual policy cost and dragAnnual percentage-point drag deducted from the modeled credit. Actual policy costs change over time.Surrender charge at comparisonPercentage deducted from modeled policy value at the comparison year. Check the actual schedule.

3 · Invested premium difference

Expected investment returnAnnual investment feeTax rate on investment gainsApplied only to positive investment gains at the comparison date.

Not an insurance recommendation or policy illustration. Actual IUL outcomes depend on underwriting, caps, participation rates, spreads, guarantees, changing insurance charges, premium timing, loans, lapse risk, surrender schedules, commissions, taxes, and policy design. Only compare premiums for the same coverage amount and term. Compare an in-force or carrier illustration before acting.

READY WHEN YOU ARE—

Use comparable annual premium quotes, review the cash-value scenarios, then save. Enter 0 for costs that do not apply.

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IUL vs. Term + Invest the Difference

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