Life & Wealth
Protection today. Growth for life.
Every strategy here is built to do one of two things: protect the people who depend on you, or grow what you've already built — without exposing it to unnecessary risk.
IUL · Term Life · Final Expense
LIFE
Protection built around the people who count on you.
Indexed Universal Life (IUL)
An Indexed Universal Life (IUL) policy is permanent life insurance designed to provide lifelong protection while offering the potential to accumulate tax-deferred cash value. The cash value is not directly invested in the stock market. Instead, interest is credited based on the performance of a market index, such as the S&P 500®, subject to caps, participation rates, and other policy provisions.
A 0% index crediting floor means negative market performance alone will not result in negative indexed interest credits. However, ongoing policy charges — including the cost of insurance and rider fees — may reduce the policy's cash value.
- Generally income tax-free death benefit for beneficiaries
- Tax-deferred cash value accumulation potential
- Indexed interest crediting with downside protection from negative index performance
- Living benefits (if included and eligible) for qualifying chronic, critical, or terminal illnesses
- Potential source of income-tax-free retirement income through properly structured policy loans
- Flexible premium options, subject to policy requirements
Important: Policy charges, including the cost of insurance and rider fees, may reduce cash value, including during years when indexed interest credits are 0%. Outstanding policy loans may reduce the death benefit and can create taxable income if the policy lapses or is surrendered. Guarantees are based on the claims-paying ability of the issuing insurance company. Product features and availability vary by carrier and state. Request a personalized illustration before purchasing any policy.
Term Life Insurance
Term life is the most straightforward way to protect your family's income for a defined period — 10, 15, 20, or 30 years. You choose a coverage amount and a term length; if something happens to you during that term, your beneficiaries receive the full death benefit, income-tax-free.
It's the lowest cost per dollar of coverage, which makes it the right fit for covering a mortgage, replacing income while children are young, or protecting a business loan. Many term policies can also convert to permanent coverage later without new medical underwriting.
- Coverage terms from 10 to 30 years
- Level premiums for the length of the term
- Income-tax-free death benefit
- Often convertible to permanent coverage later
- The most affordable way to cover a specific need or time period
Choose your term
10, 15, 20, or 30 years — sized to how long your family actually needs the protection.
Lock in your rate
Your premium stays level for the whole term, no matter what happens to your health later.
Coverage is active
Your beneficiaries get the full death benefit, income-tax-free, if something happens during the term.
Final Expense Coverage
Final expense insurance is a smaller, simplified whole life policy designed to cover funeral costs, medical bills, and other final expenses — so your family isn't left covering those costs out of pocket during an already difficult time.
Approval is typically based on a short health questionnaire rather than a medical exam, so coverage can be in place quickly. Because it's whole life insurance, the policy is permanent and the premium never increases.
- No medical exam — simplified health questions only
- Permanent coverage that never expires
- Level premiums that never increase
- Coverage amounts sized to funeral and final expenses
- Fast approval, often within days
Answer health questions
A short questionnaire — no medical exam required.
Fast approval
Often within days, not weeks.
Coverage in place
Permanent whole life protection with a premium that never increases.
Rollovers · Annuities · Debt Solutions
WEALTH
Strategies to grow and protect what you've already built.
401(k), 403(b), IRA & Roth IRA Rollovers
A rollover moves retirement savings from an employer plan — like a 401(k) or 403(b) — or an existing IRA into a new account, without triggering taxes or penalties when it's done correctly as a direct, trustee-to-trustee transfer. You keep every tax advantage you've already built; you're simply choosing a new home for the money.
People typically consider a rollover after leaving a job, when consolidating several old accounts into one, or when they want to move funds out of a market-exposed account and into something with downside protection. We handle the paperwork and coordinate directly with your current custodian.
Indexed Annuities
An indexed annuity is a contract with an insurance company, not a market investment. Your money isn't in the market — its growth is linked to the performance of a market index, subject to a cap, spread, or participation rate that defines how much of the index's gain you're credited.
The trade-off works in your favor on the downside: because your principal isn't directly invested, a down year in the index simply means little or no growth that year — not a loss. Most indexed annuities carry a 0% floor, meaning your contract value cannot decrease due to market performance.
During the accumulation phase, your money grows tax-deferred. When you're ready, many contracts let you convert to an income phase — either through annuitization or a lifetime income rider — that pays a guaranteed income you cannot outlive, regardless of how long you live or how the market performs.
- Principal protection — a 0% floor means market losses don't reduce your value
- Growth potential linked to a market index
- Tax-deferred accumulation
- Optional guaranteed lifetime income
- No direct market risk to your contract value
Important: indexed annuities are insurance contracts, not bank deposits — they are not FDIC-insured or bank-guaranteed. Withdrawals beyond any free-withdrawal amount during the surrender period may incur a surrender charge, and caps or participation rates limit how much index gain is credited. Ask your agent for the specific contract's terms before applying.
Debt Solutions
For clients carrying significant unsecured debt, we partner with a dedicated debt resolution program that negotiates directly with creditors to reduce what you owe — often by 40–60% of the original balance — with no upfront fees. You pay only as results are delivered, with most clients reaching debt freedom in 24–48 months.
You'll be redirected to an independent debt-resolution company, not affiliated with Honor & Life.
Important: this program is not a loan and does not guarantee any creditor will agree to a reduced settlement. While enrolled, your accounts may continue to accrue interest and fees, and creditors may pursue collection activity, including lawsuits, until an account is settled — your credit score may also be negatively affected. Debt settled for less than owed may be reported as taxable income (IRS Form 1099-C). Results vary and are not guaranteed.