Life Insurance Company of the Southwest, member of National Life Group, Montpelier, Vt., has introduced its latest addition to its fixed universal life (UL) portfolio, LSW IncomeBuilder UL. IncomeBuilder is designed with strong death benefit guarantees along with a focus on the potential for cash value accumulation. With the addition of the new, optional Death Benefit Protection rider, the client can be guaranteed 20 years of death benefit protection.
LSW IncomeBuilder may be an ideal product for those in the emerging affluent market looking for premium and death benefit flexibility, access to future tax-deferred cash value accumulation through policy loans and withdrawals, a guaranteed interest rate, and death benefit protection at a competitive premium. It can also serve as an extra source of income using tax-free loans and withdrawals to supplement or help protect retirement, help fund a child’s college education, or meet unexpected financial obligations