Ameritas Rolls Out Survivor Index Universal Life Policy: Life Moves
July 6, 2021 by Allison Bell
Ameritas is introducing a life insurance policy that comes with benefits guarantees.
The Lincoln, Nebraska-based insurer has unveiled a new survivor indexed universal life (IUL) policy. A survivorship life insurance policy covers two or more people. It pays benefits after the death of a specified insured.
The new Ameritas Value Plus Survivor Index Universal Life Insurance policy, or Value Plus SIUL policy, is designed to cover two people. The policy pays off after the death of the second insured.
A policyholder can tie changes in the policy cash value to the performance of an investment market index.