A. It depends. Generally, there are four main components of your indexed universal life -
- Your premium payment
- Cost of insurance
- Expense charges
- Investment returns
The cost of insurance varies with the types of death benefit options you choose - for example, you can have a level death benefit or level insurance plus cash value.
The expense charges have fixed and variable components, you should be able to find the details in your policy and illustration files.
The investment return varies with the market.
All these component interact with each other, so it will be helpful to run different scenarios to understand the likely outcomes of their interactions.