Indexed Universal Life Insurance · Texas
Permanent life insurance with cash value growth linked to a market index — upside potential with downside protection.
The basics
An IUL policy provides a permanent death benefit while building cash value credited based on a stock index (typically the S&P 500). A floor — usually 0% — prevents losses in down markets. A cap (typically 8–12%) limits gains. Cash value grows tax-deferred and can be accessed via policy loans that are not treated as taxable income.
How MeetLifeAgents works →Key facts
IUL is widely used for key-person coverage, buy-sell agreement funding, and executive bonus plans. The policy loan provision makes it a flexible business planning tool.
Once you've maxed your 401(k) and IRA, an IUL offers another tax-advantaged bucket for retirement accumulation — with no IRS contribution limits.
The death benefit passes estate-tax-free to named beneficiaries. An IUL can efficiently transfer wealth to heirs or fund an irrevocable life insurance trust (ILIT).
Process
A local Texas agent walks you through each of these steps — shopping carriers on your behalf.
IUL is highly customizable. Your agent sets the death benefit, premium level, and index strategy based on whether your primary goal is cash accumulation, death benefit, or both.
Most IULs offer multiple index options — S&P 500, Nasdaq, Bloomberg, or a fixed-interest bucket. Your agent will explain each crediting strategy and how the cap and floor apply.
Cash value compounds tax-deferred. Policy loans — which are not taxable income — can fund retirement needs or major expenses. Loans must be managed carefully to avoid policy lapse.
Find a specialist
Browse vetted, locally-resident agents who list IUL as a specialty. You contact them directly — no lead forms, no callbacks from strangers.
Consumer protection · TX
The TXLHIGA protects Texas policyholders up to $300,000 per insured if a licensed carrier becomes insolvent.
About TXLHIGA ↗