01 Oct Indexed Universal Life Insurance (IUL): How Does It Work?
Indexed Universal Life Insurance (IUL)
Indexed Universal Life Insurance (IUL) is a type of permanent life insurance that offers both a death benefit and the ability to build cash value. The cash value is linked to a stock market index, allowing for potential growth while offering downside protection. Policyholders can adjust premiums and death benefits, providing flexibility as financial needs change. (Indexed Universal Life Insurance (IUL): How Does It Work?)
Key FAQs
- What are the benefits of Indexed Universal Life Insurance?
- “IULs offer tax-deferred growth, flexible premiums, and a death benefit while allowing participation in market growth without direct stock investment.”
- How does an IUL policy build cash value?
- “The cash value in an IUL policy grows based on the performance of a selected stock market index, with a cap and floor to limit risk and reward.”
________________________________________________________________________________________________________________________________________________
- Secure Your Future with The Policy Shop
Explore our comprehensive life insurance solutions designed to fit your financial goals and protect your loved ones. Whether you’re planning for retirement, safeguarding your family’s future, or exploring innovative insurance strategies, The Policy Shop is your trusted partner in financial security.
Ready to take the next step? Contact our expert advisors to discuss your insurance needs and find the perfect policy.
Subscribe to our newsletter for the latest insights on life insurance, financial planning tips, and exclusive updates from The Policy Shop.