Wealth transfer and accumulation potential with WealthMax Bonus Life®
Secure your legacy — and yourself
If you've accumulated savings you'd like to leave as a legacy or leverage to help pay health care-related expenses during your lifetime, single-premium indexed whole life insurance may be the right solution.
Transferring wealth to the next generation
Single-premium indexed whole life insurance from EquiTrust provides permanent life insurance protection funded with one lump-sum payment. The policy's Accumulation Value grows on a tax-deferred basis, with earnings linked to the performance of market indices. Because your funds aren't invested directly in the market, the policy is not subject to market losses.
When you pass away, the policy pays a guaranteed, no-lapse death benefit to your beneficiaries. An increase in the Accumulation Value also increases the death benefit. And life insurance benefits are typically not subject to federal income tax.
Leveraging living benefits
The policy also offers living benefits, providing access to a portion of the death benefit for expenses related to terminal illness, nursing care confinement or chronic care. Plus, in your later years when you may no longer need the policy's life insurance component, you may choose to have the death benefit paid out to you in the form of monthly income payments. Certain eligibility requirements apply.