What is an IUL

An indexed universal life insurance policy includes a death benefit, as well as a component that is tied to a stock market index. The cash value of the policy ...Best Universal Life Insurance · Do Beneficiaries Pay Taxes · Cash Value Life

Is an IUL a good investment?

Is IUL insurance a good investment? An IUL is only a good investment if the stock market tanks and your cash value grows faster than the market as a whole. When the stock market is flourishing, an IUL is likely to be a disappointment.

What is an IUL and how does it work?

Indexed universal life (IUL) insurance is permanent, which means it lasts your entire life and builds cash value. An IUL policy allows for some cash value growth through an equity index account, unlike other universal policies that only grow cash value through non-equity earned rates.

Are IUL better than 401k?

IULs and 401(k)s are both excellent options for retirement savings. IULs offer a death benefit, while 401(k)s do not. IUL policies come with an additional cash value that can be borrowed against if you need the money for other expenses.