If you’re looking for a permanent life insurance policy that offers investment potential as well, American National’s variable universal life policies may fit the bill. Variable universal life products provide insurance coverage on a similar basis to universal life, except that the policyholder bears the investment risk because the value of the policyholder’s account balance varies with the investment experience of the securities held in the separate account investment options selected by the policyholder.
Features of American National’s variable universal life policies include:
Flexible premiums – Policyholders may be able to vary their premiums within certain limits as long as the policy retains sufficient available cash value
Flexible benefits – Policies may allow you to increase or decrease the death benefit according to your particular situation, subject to qualification requirements.
Loan access – You can borrow against a portion of your policy’s cash value in order to meet unexpected financial needs. Unpaid policy debt will reduce the proceeds payable at death.
Optional riders – Many policies can be customized with riders such as accelerated benefits, disability waivers of minimum premium or stipulated premium, children’s level term and coverage continuation. Not all riders are available for all policies.
Investment options – We offer multiple investment portfolios to meet your specific needs.
Variable universal life products involve investment risk, including the possibility of negative rates of return.