Frequently Asked Questions

Absolutely, in fact the best time to set up a policy is while the person is young and healthy.

Living benefits are built into policies to protect the owner in the event of a chronic, critical, or terminal illness. Living benefits allow the owner to access up to 100% of the death benefit while alive should one of these conditions apply.

No, an IUL provides a TAX FREE stream of income at retirement while providing the owner with the many benefits of life insurance. In addition the owner can access their cash before retirement without penalty. 

There is no contribution limit on an IUL policy, unlike an IRA or 401K.

At ELS Financial Group we work with most of the top carriers in the nation to assure that we will find you a plan that delivers the right level of coverage for your needs and is affordable.