Spousal Continuation

Spousal Continuation refers to a feature that allows the surviving spouse to continue the deceased policyholder's IUL policy without having to undergo new underwriting or medical examinations. This ensures that the policy's accumulated cash value and death benefit continue to be available, often under the same terms and conditions. Spousal Continuation can provide financial security and continuity by allowing the surviving spouse to maintain the benefits of the policy, such as tax-deferred growth and potential income through policy loans or withdrawals.