Indexed Universal Life

Indexed Universal Life (IUL) is a type of life insurance policy that combines death benefit protection with the potential for cash value growth tied to the performance of a stock market index. IUL policies offer flexibility in premium payments, tax-free growth, death benefit protection, and potential for higher returns. However, IUL policies can be complex, have high fees, and carry risks, so it's important to work with a financial advisor to determine if an IUL policy is right for your individual needs and financial goals.