LegacyAccel®
Indexed Universal Life (IUL)
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LegacyAccel® Indexed Universal Life (IUL) offers more than traditional life insurance. It combines valuable death benefit protection with the potential for cash value growth tied to market performance, without exposure to market loss. It is an efficient product for individuals seeking long-term protection, tax-advantaged accumulation, and flexible access to policy values over time.
Product availability may vary by firm. Find more information or get appointed today.
Product Highlights
- Policy Type: Non-Participating Flexible Premium Indexed Universal Life
- Issue Ages: 18–85
- Death Benefit Amounts: $25,000 minimum – $9,999,999 maximum at issue
- Band 1: $99,999 and under
- Band 2: $100,000 and over
- Death Benefit Options: Level or Increasing (no changes after issue except via rider or withdrawal)
- Maturity: Age 121
- Premiums: Single or annual installments
Application and Underwriting
- Electronic application
- No medical testing required unless:
- Net Amount at Risk > $400,000 (ages 18–75)
- Net Amount at Risk > $200,000 (ages 76–85)
- Immediate decisions for qualified applicants
- Commission chargebacks may apply (see commission addendum for details)
Interest Crediting Options
(Refer to the Interest Rate Bulletin for current rates.)
S&P 500® Price Return Index
Annual Point-to-Point Cap Indexed Account
- 100% participation rate
- Variable cap rate (minimum 1%)
S&P MARC 5%® Excess Return Index
Point-to-Point Participation Indexed Account
- Variable participation rate (minimum 10%)
- No cap
Fixed Account Option
- Guaranteed minimum rate of 2.50%
- Initial rate set at issue; resets annually on policy anniversary
Included and Optional Riders
Living Benefit Rider*
Accelerates up to the lesser of 90% of the death benefit or $500,000 if the insured is diagnosed with a chronic illness, terminal illness, or severe cognitive impairment.
- Subject to underwriting approval
- Changes Increasing Death Benefit option to Level upon use
*Not available in California
Accumulated Value Roll-Up Option Rider
At surrender or every 10th policy anniversary, the accumulated value equals the greater of:
- Original policy premiums credited at a guaranteed minimum rate of 2.50%, or
- The current accumulated value
Penalty-Free Withdrawal Option Rider
Allows a one-time annual withdrawal of up to 10% of account value (minimum $5,000 must remain). $25 fee applies.
Premium Protection Rider
Provides an enhanced surrender benefit starting in policy year five when not transferring to another company.
Surrender Charge Waiver Rider
Eliminates surrender charges beginning in year five (limitations apply).
Chronic Illness Rider
Offers a lump-sum payout to help address costs associated with a serious illness.
With LegacyAccel® IUL, your clients can pursue long-term growth potential and protection—without sacrificing access or control.
Marketing Materials
Get the primary marketing pieces below. For access to all marketing materials and forms, visit the Document Library at MyKuvare.com.
