Intelligent Life products — both the Universal Life and the Variable Universal Life — from TIAA-CREF Life Insurance Company are more than just insurance: They’re assets. They provide permanent life insurance coverage for your family plus the potential to build cash.
Intelligent Life policies offer excellent value in a number of ways:
- No surrender charges. This means that the full cash value is available to you, even during the early years of the policy.
- Simplified structure. We’ve reduced the complexity of the policy design, making it easier for you to understand exactly what you’re paying for.
- A focus on accumulation. Intelligent Life policies are accumulation focused, allowing you to optimize cash value accumulation within your lifetime. Investment in variable products can potentially result in loss of principal.
You can use your cash accumulation for many purposes to:
- “Prefund” or cover the future cost of life insurance protection
- Increase your death benefit proceeds
- Provide a source for guaranteed low-cost loans
- Provide a contingency fund for cash withdrawals
In most cases, withdrawals are tax free as long as they don’t exceed the amount you have paid into your policy. Of course, it is also important to keep in mind that unpaid loans and withdrawals will reduce the death benefit. Be sure to read the Intelligent Variable Universal Life prospectus (PDF) carefully.
Call us for more information at 1 877 276-9429 or have a Planning Consultant call you.
