Adjustable Premiums

Adjustable Premiums in an IUL policy refer to the flexibility provided to the policyholder to modify the amount of their premium payments within certain limits defined by the policy. This feature allows policyholders to adapt their payment amounts based on their current financial situation. While there is often a minimum premium required to keep the policy in force, policyholders can choose to pay more to potentially increase the cash value accumulation, or they can pay less if they face financial constraints, as long as the minimum premium requirements are met.

Note: While the adjustable premiums feature offers payment flexibility, consistently paying lower premiums may affect the growth of the cash value and the longevity of the policy. It's essential for policyholders to ensure they're meeting the minimum requirements to keep the policy active and to consider the long-term implications of their premium adjustments.