Period Certain

Period Certain is a feature in annuity options within Indexed Universal Life (IUL) policies that guarantees a set period during which income payments are made to the policyholder or beneficiaries, regardless of the policyholder's survival. Key aspects:

• Fixed Income Duration: Policyholders receive or designate income for a specified time, like 10, 15, or 20 years.
• Continuation for Beneficiaries: If the policyholder passes away before the period ends, payments continue to the beneficiaries until the period concludes.

This provision ensures a predetermined, reliable income stream, offering financial security and certainty in IUL policies.