Indexed Universal Life Insurance at Life

Indexed Universal Life Insurance. Life auto home health business renter disability commercial auto long term care annuity. Indexed universal life (iul) is a type of permanent life insurance wherein interest credited to the cash value component is linked to a market index, such as the s&p 500.

Indexed universal life insurance, or iul, is a type of universal life insurance. Permanent life insurance can be purchased with indexed universal insurance (iul). Commonly referred to as iul, indexed universal life insurance is life insurance with a cash value, meaning a portion of the policy has a cash value that can earn interest so long as premiums are paid.

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You won’t earn the full amount if an index is performing well. Indexed universal life insurance is a type of permanent life insurance — a life insurance policy that stays in effect for your whole life as long as the premiums are paid (as opposed to a term policy, which expires after a set amount of time). This simply means that in addition to a death benefit for your loved ones when you die, it also incorporates a cash account benefit that can earn interest. Indexed universal life, or iul, is a type of life insurance policy that provides both a death benefit and a cash value component.