Indexing Strengths Quiz

The interest credited to an IUL policy cash value account is: 

Tied to market index performance, but not directly invested in the stock market. 
Fixed at $100 per year. 
Decided randomly each year. 
Determined by the rate of inflation.

Why do we say, “Zero is Your Hero?” 

Zero is the amount of the application fee. 
Zero is the youngest age for an insured. 
Zero is the tax on gains in cash value. 
Zero is the amount cash value decreases in periods when the stock index has negative returns.

Which of the following is NOT a factor affecting the indexed credit to cash value? 

Market index. 
Strategy/method. 
Death benefit option A/B.
Frequency.

Which of the following ARE methods for index crediting in an IUL policy? 

A. Auto adjust. 
B. Cap. 
C. Participation. 
B and C.

If an IUL policy is using the Cap Method with an 8% cap and the index returns -5.7% for the year, what is the interest rate that will be credited to the cash value? 

+8%. 
0%.
-5.7%. 
5.7%

3. Get Selling: The IUL

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