Index Universal Life Products
Safety and security are the most important features to look for in a life insurance policy. Non-guaranteed policy features have the potential to enhance policy values. There are risks and rewards associated with these non-guaranteed features. The challenge is to find the policy that has potential to deliver benefits you’re seeking with a risk level acceptable to you.
One of the more innovative options available today is an index interest crediting methodology based in part on the performance of one or more external financial indices such as the Standard & Poor’s® 500 Composite Stock Price Index1,2 (S&P 500® Index). Interest is calculated based in part on changes in the index (without dividends) and credited at the end of the index interest crediting term. Because returns are based in part on a specific index’s performance, fixed index interest universal life insurance may offer a greater potential for cash value growth than non-index interest universal life insurance. However, if the external index performs poorly, the index interest credited to your policy may be less than interest credited under life insurance policies that provide declared interest rates, and in some or all years, you might receive no index interest.
1 “Standard & Poor’s®,” “S&P®,” “S&P 500®,” “Standard & Poor’s 500” and “500” are trademarks of The McGraw-Hill Companies, Inc., and have been licensed for use by American General Life Insurance Company and The United States Life Insurance Company in the City of New York. The products are not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of purchasing this product.
2 The policy owner does not purchase interests or otherwise directly participate in any stock market index, mutual fund, stock or other investment in securities.
Policies issued by:
2727-A Allen Parkway, Houston, TX 77019
70 Pine Street, New York, New York 10270
The underwriting risks, financial and contractual obligations and support functions associated with products issued by American General Life Insurance Company (AGL) or The United States Life Insurance Company in the City of New York (USL) are the issuing issuer's responsibility. USL is authorized to conduct insurance business in New York. Policies (or annuities) and riders not available in all states.
