Is it worth getting voluntary life insurance?

Is it worth getting voluntary life insurance?

Voluntary life insurance is be a great benefit for employees who might otherwise be unable to purchase life insurance privately due to a medical condition. Voluntary life insurance can be a valuable employee benefit for many workers. Coverage is generally low-cost and there are no medical exams required.

What is Ffiul insurance?

The Transamerica Financial Foundation IUL® (FFIUL) Federal income tax-free death benefit. Policy value accumulation potential with basic interest account and index account options. Tax benefits including tax-free loans and withdrawals, tax deferral on any earnings, and tax-free transfers between account options.

What is prulife founders plus ul?

OverviewPruLife Founders Plus UL (Founders Plus) is a flexible premium index universal life insurance product designed to give clients cost-effective death benefit protection and the potential for cash value accumulation through three interest crediting options, the Fixed Account, the S&P

What is the Society of descendants of the founders of Hartford?

FORMED IN 1931, the Society of the Descendants of the Founders of Hartford is a charitable and educational organization with more than 300 living members. Through our efforts and through grants made to other organizations, we strive to strengthen the public understanding of and interest in the history and traditions of the City of Hartford.

Is founders plus a direct investment in the underlying index?

that is placed in an Indexed Account is not a direct investment in the underlying Index. Founders Plus is not a variable contract or an investment contract. The Index Growth Cap is generally stated as a percentage, which is the maximum rate of interest that will be credited at the end of the one-year Indexed Account Segment duration, regardless

What are the benefits of founders plus?

Additionally, Founders Plus can be enhanced with Prudential’s optional BenefitAccess Rider, which can accelerate the policy’s death benefit to clients who become chronically or terminally ill and meet the other terms of the rider.