The investor who acquires this type of policy is ready to take on market risk with the goal of achieving:
A higher rate of return on the value of their account.
This investment model is based on the results obtained by the S&P 500 Index (encompassing the 500 largest companies in terms of capitalization), with a minimum guaranteed return of 0.0%, every 24 months.
In addition, every two years, a bonus or return equivalent to the variable percentage of participation based on growth in the S&P 500 Index is credited to the account of the insured. Please note that if the Index does not increase, there is no bonus, but there is a minimum guaranteed return.
As with a Variable Universal Life policy, the indexed policy offers flexibility in premiums, amounts insured, and payments.