Protect the ones you love while investing in/for your future
Variable Universal Life (VUL) insurance offers protection with the ability to accumulate cash value through participation in equity market investment options. If you pass away, your VUL insurance policy can help those you love to meet their ongoing financial needs. In addition, the policy can help you meet your needs and the goals you set during life. Learn more about VUL here, or contact a financial professional to discuss strategies that align to your specific needs.
VUL could be a good fit if you’re looking for:
- Protection – Life insurance protection for your family while you’re working and preparing for retirement, and will help support their ongoing lifestyle should you pass away prematurely.
- Choices – Potential to grow your cash value within the policy through investing, within a tax-preferred policy; Depending on your goals, use the cash value during your lifetime or leave a legacy for loved ones — all generally income tax free.
- Flexibility – Premium payments and investment options can be adjusted over time to align with your changing goals1, as long as you cover the costs of the policy.2
- Tax benefits – Potential to grow your cash value within the policy through the ability to invest in subaccounts tied to the equity markets, while participating in a tax deferred benefit. The death benefit proceeds are paid to whomever you choose, generally income tax free.
1 Subject to contractual guidelines and restrictions.
2 Insurance policy premiums and fixed, guaranteed policy charges.
Note: Products issued and underwritten by American United Life Insurance Company® (AUL), Indianapolis, IN, a OneAmerica company and registered variable products distributed by OneAmerica Securities, Inc., a Registered Investment Advisor, Member FINRA, SIPC. Form number series ICC21 VUL21. Not available in all states or may vary by state. Not available in CA, NY, & SD.
The life insurance policy describes coverage under the policy, exclusions and limitations, what you must do to keep your policy in force, and what would cause your policy to be discontinued. Please contact your licensed agent or OneAmerica for more information, costs, and complete details on coverage in order to help you determine if the policy is suitable for your needs.
Variable investment options are subject to market risk which includes the potential loss of principal. Withdrawals and loans from a life insurance policy reduce the death benefit and cash value, may increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.
Variable products are sold by prospectus. Both the product prospectus and underlying fund prospectuses can be obtained from your investment professional or by writing to One American Square, Indianapolis, IN 46282, oneamerica.com. Before investing, carefully consider the fund’s investment objectives, risks, charges, and expenses. The product prospectus and underlying fund prospectus contain this and other important information. Read the prospectuses carefully before investing.
Neither the companies of OneAmerica, nor their representatives provide tax or legal advice. For answers to specific questions and before making any decisions, please consult a qualified attorney or tax advisor.
All guarantees and benefits of the insurance policy are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer and/or insurance agency selling the policy, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer.
Not a deposit – Not FDIC-Insured – May go down in value – Not insured by any federal government agency – Not guaranteed by any bank or savings associations.