Life Insurance
June 3, 202613 min read
IUL Explained: How Indexed Universal Life Insurance Works, the Pros and Cons, and Who Its Actually For
Quick answer An indexed universal life (IUL) policy is permanent life insurance with a cash-value account whose growth is linked to a market index like the S&P 500. A 0% floor protects you in down years, but caps and participation rates limit your gains. It can suit high earners who’ve maxed other accounts, and it’s […]
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Achala Kaul
