Indexed Explorer Plus® Flexible Premium Universal Life Insurance
A sense of financial stability for your family. Protection for your business. A lasting legacy for the people and organizations that are meaningful to you. Security for your loved ones while potentially building money to use during your lifetime. Life insurance may be able to help you achieve all these goals, and you can navigate your financial course confidently with Indexed Explorer Plus.
This product has specific eligibility requirements.
$100,000 standard, preferred, and juvenile
Key Features of Indexed Explorer Plus Flexible Premium Universal Life Insurance
One fixed & three indexed account options to help money grow inside your policy (sufficient premium must be paid to more than cover costs)
Three global indexed account options use the performance of the S&P 500®
Policy loans available so you can borrow from your policy¹
Guaranteed minimum of 2% annual credited interest rate in the fixed account option or guaranteed 1% or 0% annual credited interest rate in the indexed account options²
Income tax-free death benefit³
Payment flexibility to increase, decrease or suspend premiums (sufficient premium must be paid to maintain coverage)
Indexed Universal Life: When Flexibility and Growth Potential Matter
Columbus Life’s Indexed Universal Life (IUL) Insurance helps provide death benefit protection today and flexibility to cover future needs.
Indexed Universal Life: When Flexibility and Growth Potential Matter
What features matter most when choosing a life insurance product that’s right for you and your family? If flexible coverage and growth potential are important features to you, consider Indexed Explorer Plus.
As life changes, so does your need for life insurance protection.
In addition to death benefit protection, a key advantage of Indexed Explorer Plus, which is an indexed universal life or IUL product, is the flexibility to design and revise your coverage to help meet your needs both today and in the future.
Indexed Explorer Plus is a permanent life insurance product designed for long-term cash value accumulation and income potential. With your choice of allocation options, Indexed Explorer Plus allows your funds to grow based on the performance of an underlying index.
With multiple loan options available to access your cash value, you could benefit from tax-free income — making an IUL an attractive vehicle for meeting intermediate goals such as education funding or long term goals such as supplemental retirement income planning.
Indexed Explorer Plus also provides a competitive balance of maximizing income potential and downside protection through market losses that can help minimize risk of lower returns.
Additionally, life insurance can be much more with the additional protection of living benefits.
Indexed Explorer Plus which has an accelerated death benefit rider allows you to receive an advance portion of the policy’s death benefit, providing you meet one of the qualifying events. Early access to policy benefits could help improve your quality of life and help protect you and your loved ones when financial hardships arise. Connecting life insurance — especially Indexed Explorer Plus with living benefits — can be a financially powerful combination for your future.
Ask your financial professional for more information about life insurance from Columbus Life — and discover how Indexed Explorer Plus could provide the protection and benefits that matter most to you.
1 Loans will accrue interest. Loans and withdrawals may generate an income tax liability, reduce the Account Value and the Death Benefit, and may cause the policy to lapse. Sufficient premium and account value are necessary to cover insurance costs. Index returns do not guarantee that the policy will stay in force. 2 At the time of application, either the Index Accounts with the 1% minimum guaranteed interest rate or the Index Accounts with the 0% minimum guaranteed interest rate must be selected. The Index Accounts with the 0% minimum guaranteed interest rate may have a higher Index Cap Rate, Index Participation Rate, and Index Threshold Rate or a lower Index Spread Rate, as applicable, than the Index Accounts with the 1% minimum guaranteed interest rate during the same period, but this is not guaranteed. The Index Accounts selected at the time of application cannot be changed after the policy is issued. 3 Death Benefits from a life insurance policy are generally paid income tax-free to policy beneficiaries. 4 Accelerated death benefits will reduce the death benefit and may affect the available loan amount and other policy values. 5 Withdrawals, loans and late payments may require that additional premium be paid to keep the No-Lapse Guarantee active. 6 Disability Benefit Rider in GA, MD and OK. 7 Guaranteed Insurability Rider in MD and TX.
Indexed Explorer Plus is issued by Columbus Life Insurance Company, a member of Western & Southern Financial Group, Inc. At Western & Southern Financial Group, Indexed Explorer Plus is offered through Western & Southern Life.
IUL is a Universal Life policy. It has insurance related costs. Premiums paid must produce sufficient cash value to pay insurance charges. Indexed returns do not protect against lapse if premiums and returns do not provide sufficient cash value to cover loan interest and insurance costs. Your clients must understand that loan risk means loans may well not be zero cost. Such loan risk and interest costs will reduce account value and will contribute to a risk of policy lapse if account value becomes insufficient to cover charges.
The “S&P 500” is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by Columbus Life Insurance Company. Standard & Poor’s®, S&P®, and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Columbus Life Insurance Company. Indexed Explorer Plus is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 index.
Payment of the benefits of Columbus Life Insurance Company life insurance products is backed by the full financial strength of Columbus Life Insurance Company, Cincinnati, Ohio. Guarantees are based on the claims-paying ability of the insurer.
Withdrawals and surrenders are tax-free up to the cost basis, provided the policy is not a MEC. Withdrawals may be subject to charges. Neither Columbus Life nor its agents offer tax advice. Please advise your customer to contact their tax or legal advisor regarding their situation. Interest rates are declared by the insurance company at annual effective rates, taking into account daily compounding of interest. Product and feature availability, as well as benefit provisions, vary by state.
Indexed Explorer Plus Flexible Premium Universal Life Policy and some riders may not be available in all states. Benefits vary by state. Check the approved state variation. Flexible Premium Adjustable Life Policy with Indexed Options series ICC17 CL 88 1708; Overloan Protection Rider series CLR-178 0707; Accelerated Death Benefit Rider series CLR-202 1409, CLR-143 1208 and CLR-137 1208; Supplemental Coverage Rider series ICC19 CLR-176 1901; Change of Insured Rider series CLR-160 0308; Other Insured Term Rider series ICC18 CLR-177 1803; Children’s Term Rider series ICC18 CLR-135 1803; Disability Credit Rider series CLR-174 0707; Insured Insurability Rider series CLR-138 0101; Accidental Death Benefit Rider series CLR-136 0101; Premium Deposit Account Rider series CLR-205 1708 issued by Columbus Life Insurance Company.
Life insurance policies contain certain exclusions, limitations, reductions of benefits and terms for keeping them in force. Please contact a financial representative for complete details.
Columbus Life Insurance Company, Cincinnati, Ohio, is licensed in the District of Columbia and all states except New York.
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