John Hancock has teamed up with Annexus to launch Protection SIUL, a survivorship indexed universal life policy built for advisors working with clients on wealth transfer and legacy planning. The product pairs low-cost, two-life protection with the upside potential of indexed performance and a guaranteed zero percent floor, giving clients room to grow cash value without exposing it to market downside.
Here is what makes it worth a look:
Highly competitive premiums: One of the lowest-cost survivorship indexed UL products on the market today.
Performance plus protection: Interest credited to the policy value tracks up to three financial indices, while the zero percent floor guards against market losses.
Guarantees through age 100: Clients can extend guarantee durations well beyond standard terms with the optional Enhanced Death Benefit Protection Rider.
SimpleLock Capped Indexed Account: A new account option that locks in gains the day the index hits its cap, instead of leaving twelve months of performance riding on where the market lands on the last day of the segment.
Connect with the team to learn how Protection SIUL fits into your clients' legacy planning conversations.
