Fundamentos del Seguro de VidaPregunta 405 de 716
An indexed universal life (IUL) policy credits interest to its cash value based on:
a.A single guaranteed fixed rate set at issue for the life of the policy
b.The performance of a market index, subject to a stated cap and a guaranteed floor
c.The insurer's annual dividend scale, as declared each year by the company's board of directors
d.The prime lending rate published by banks
Explicación
An indexed universal life policy ties its interest crediting to the movement of a market index (such as the S&P 500), but it applies a cap that limits the upside and a floor (often zero percent) that protects against index losses, so the cash value can grow with the market while being shielded from negative returns. It is not a single fixed rate, not the dividend scale of a participating policy, and not simply the prime rate. The index-linked crediting with a cap and floor is the essence of IUL.
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Revisado por John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verificar)