RiverSource® indexed universal life insurance overview
Upside potential with downside protection
RiverSource indexed universal life insurance offers you lifetime insurance protection and efficient growth of your assets through index-linked interest crediting - without the impact of negative market returns. It offers:
- Permanent insurance protection
- Income tax-free death benefit to your heirs
- A source of income tax-free income through withdrawals or loans (when properly structured)
- Fixed and indexed account options
- Fixed account with current rates of interest and guaranteed minimum interest rate
- Income tax-advantaged growth and income potential based on the interest crediting rates linked to the performance of the S&P 500® index
- Protection of your principal and accumulated cash value from negative market returns
- Additional flexibility through optional riders for an additional cost
If you have higher coverage needs, consider RiverSource indexed universal life-Estate Series. It offers the same benefits as RiverSource indexed universal life in coverage amounts of $1 million or more.
This insurance solution offers you protection for your loved ones or cherished causes as well as a balanced approach to meeting your long-term accumulation and income goals.
RiverSource indexed universal life insurance may not be available in all states including New York. Contact your financial advisor for more details.
"More Than Just Life Insurance" Video
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Select chapters:
Chapter 1: The Value of Life Insurance
Chapter 2: Great Upside/No Downside
Chapter 3: How it Works
For more detail, please select the state in which you reside to review the three important documents below.
| RiverSource indexed universal life insurance product brochure | |
| Optional AdvanceSource® rider brochure | |
| AdvanceSource rider outline of coverage |
RiverSource indexed universal life ("The Product") is not sponsored, endorsed, sold or promoted by Standard & Poor's and Standard & Poor's does not make any representation regarding the advisability of investing in the Product.
This policy is not a variable contract or investment contract. Although the policy will be affected by changes in the S&P index, the policy does not invest directly in any stock or equity investments.
Before you purchase, be sure to ask your sales representative about the life insurance policy's features, benefits and fees, and whether the life insurance is appropriate for you, based upon your financial situation and objectives.
Accessing policy cash value through loans and surrenders may cause a permanent reduction of policy cash values and death benefit and negate any guarantees against lapse. The amount that can be borrowed or surrendered will be affected by the surrender charges applicable to the policy. Loans may be subject to interest charges. Although loans are generally not taxable, there may be tax consequences if the policy lapses or is surrendered with a loan (even as part of a 1035 exchange). It is possible that the amount of taxable income generated at the lapse or surrender of a policy with a loan may exceed the actual amount of cash received. Surrenders are generally taxable to the extent they exceed basis in the policy. If the policy is a modified endowment contract (MEC), pre-death distributions, including loans, from the policy are taxed on an income-first basis, and there may also be a 10% federal income tax penalty for distributions prior to age 59-1/2.