BrightLife® Grow indexed universal life insurance
BrightLife® Grow indexed universal life (IUL) insurance offers an innovative way to ensure your family's well-being. Instead of fixed interest rates, IULs link your policy's cash value to the performance of a financial index, providing potential for higher returns with the security of a guaranteed floor that protects against index loss.
A BrightLife® Grow index universal life insurance policy protects your family’s future finances in a variety of ways, including with a death benefit that is generally income tax-free. This policy is designed to accumulate wealth, potentially produce retirement income and fund the death benefit for even more protection.
The cash value in BrightLife® Grow accumulates tax-deferred based on the performance of an index. However, the cash value buildup is not guaranteed and will be influenced by the policy's performance, cost of insurance, premium charges and other charges.
BrightLife® Grow offers flexibility in making payments. The amount and timing of your payments can vary, depending on your financial situation and goals, subject to meeting certain premium requirements. However, a certain minimum payment amount may be required at times to keep your coverage in place.
Generally, policy loans are available whenever there is enough cash value in the policy and withdrawals become available after the first policy year. However, you will have limited access to the cash values during the first several years of your policy due to surrender charges, which can run for 15 years or longer. These charges, along with other costs, will affect the amount available for withdrawal or borrowing from your policy.
BrightLife® Grow offers a varied selection of 1-year and 3-year indexed options based on major market indices that include U.S. large-cap and small-cap, as well as international.
S&P 500® Price Return Index
Russell 2000® Price Return Index
MSCI EAFE Price Return Index
S&P 500® Price Return Index
Using multiple indexed options allows you to diversify and potentially benefit from different market conditions.²
Depending on your current or anticipated future needs, your financial professional can help you tailor your BrightLife® Grow life insurance policy by taking advantage of a selection of policy riders, some of which are available for an additional cost.³
¹ Any increase in current coverage may require additional underwriting.
² Brightlife® Grow does not distribute dividends for the indexed options.
³ All of the riders are subject to the terms and conditions of the rider. Not all riders may be available in all jurisdictions. Some states may vary the terms and conditions. There may be an additional charge associated with obtaining certain riders. Some riders may not be available in combination with other riders and/or policy features.
S&P®, Standard & Poor’s®, S&P 500® and Standard & Poor’s 500® are trademarks of Standard & Poor’s and have been licensed for use by Equitable. BrightLife® Grow 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.
The Russell 2000® Index is a trademark of Russell Investments and has been licensed for use by Equitable. BrightLife® Grow is not sponsored, endorsed, sold or promoted by Russell Investments and Russell Investments makes no representation regarding the advisability of investing in the product.
The product referred to herein is not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such product or any index on which such product is based. The policy contains a more detailed description of the limited relationship MSCI has with Equitable and any related products.
All guarantees are based on the claims-paying ability of Equitable Financial Life Insurance Company (Equitable Financial) or Equitable Financial Life Insurance Company of America (Equitable America).
Please be advised that this content is based on our general understanding of federal income tax rules for U.S. individuals and is not intended as legal or tax advice. Accordingly, any tax information provided in this content is not intended or written to be used, and cannot be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. The tax information was written to support the promotion or marketing of the transaction(s) or matter(s) addressed and you should seek advice based on your particular circumstances from an independent tax advisor.
BrightLife® Grow is a flexible premium universal life insurance policy with index-linked interest options. These policies are subject to exclusions, limitations and terms for keeping it inforce. Certain types of policies, features and benefits may not be available in all jurisdictions or may be different. For costs and complete details of coverage, contact your financial professional.
This content is not a complete description of the BrightLife® Grow contract.
BrightLife® is registered to Equitable Financial Life Insurance Company, New York, NY 10105.
BrightLife® Grow is issued in New York and Puerto Rico by Equitable Financial Life Insurance Company (Equitable Financial), New York, NY 10105, and in all other jurisdictions by affiliate Equitable Financial Life Insurance Company of America, an Arizona stock company with an administrative office located in Charlotte, NC. When sold by New York state-based (i.e., domiciled) Equitable Advisors Financial Professionals, BrightLife® Grow is issued by Equitable Financial Life Insurance Company (NY, NY). It is co-distributed through affiliates, Equitable Network, LLC and Equitable Distributors, LLC. Equitable Financial, Equitable America, Equitable Network, LLC and Equitable Distributors, LLC and affiliated companies and do not provide legal or tax advice. Clients should rely on their own advisors on these matters. Equitable America is not licensed to conduct business in New York and Puerto Rico.
Equitable is the brand name of the retirement and protection subsidiaries of Equitable Holdings, Inc., including Equitable Financial Life Insurance Company (Equitable Financial) (NY, NY); Equitable Financial Life Insurance Company of America (Equitable America), an AZ stock company with an administrative office located in Charlotte, NC; and Equitable Distributors, LLC. Equitable Advisors is the brand name of Equitable Advisors, LLC (member FINRA, SIPC) (Equitable Financial Advisors in MI & TN). The obligations of Equitable Financial and Equitable America are backed solely by their claims-paying abilities.
Policy form #12-100 or state variations.
1345 Avenue of the Americas, New York, NY 10105, (212) 554-1234
GE-7235090.2 (12/2024) (Exp. 12/2026)
