Indexed Universal Life Insurance 
Cash value insurance

This type of policy is great for ages 0 to around 55 years.  You can go older if it makes sense.

The IUL allows for a portion of your premiums to fall into a cash account inside your policy.  This cash account is indexed to the S&P 500 for growth, with no downside market linked risk of loss.

The goal is to grow money and have life insurance at the same time.  This bucket of money can be accessed tax free through leveraging policy loans.  This policy has the potential to create a tax-free retirement income stream or pay for college or maybe pay off debt just before retirement.

It can be used to accelerate and pay off a mortgage then convert to tax free income.

It’s a great college savings plan.

This type of policy essentially allows your client to become their own banker.  Learn to leverage the insurance companies money to your advantage.

Some people want life insurance for the death benefit, although budgets are tight, so they don’t buy.
This has a death benefit and if they don’t die, the policy grew a bucket of money for retirement.

Think of it as getting retirement savings and oh, by the way, it has a death benefit just in case.

It can potentially solve two or three problems with the same dollar.