Kansas
City Life announces the new Compass Elite IUL
New accumulation-oriented
IUL for clients who are looking for more growth potential.
Kansas
City Life Insurance Company is proud to announce our newest product addition -
the Compass Elite Indexed Universal Life (IUL). The Compass Elite will join the EquiFlex in our IUL product
offerings.
Similar to the EquiFlex IUL, the Compass Elite IUL is a flexible
premium universal life product with an indexed feature. It is designed to meet
clients' needs head on with income tax-free death benefit protection for
beneficiaries, plus the opportunity to build cash value on a tax-deferred basis
with a safeguard against market downturns.
The Compass Elite IUL brings a new market niche to the table with the ability to sell in the juvenile market for ages 0 to 14 at $50,000 minimum issue limits. This is an excellent vehicle for long-term buildup cash value while still providing death benefit protection.
Perhaps one of the best features of the Compass
Elite IUL is the addition of a third Indexed Account Option; Indexed Account C.
For a small charge, Indexed Account C provides a higher Annual Point-to-Point
cap limit than Indexed Account A, thus potentially increasing the policy's cash
value growth potential.The Compass Elite IUL brings a new market niche to the table with the ability to sell in the juvenile market for ages 0 to 14 at $50,000 minimum issue limits. This is an excellent vehicle for long-term buildup cash value while still providing death benefit protection.
The Compass Elite IUL is available to illustrate on both the online new business illustration system and the desktop system. Pull up the system you are using and select Compass Elite - IUL from the initial product drop down list.
Please contact us if you have any questions on the Compass Elite IUL or would like to walk through setting up a quote together.
Have a Great Day,
Illustration Development Team
1-800-572-2467 x8162
illustrationhelp@kclife.com