Download What Is An Indexed Universal Life Insurance Policy Background
byJack Daniel
Download What Is An Indexed Universal Life Insurance Policy Background. Indexed universal life insurance may help protect your family while also helping you build cash value. If all you want is a guaranteed payout and some cash value in retirement, iul is overkill and a whole life policy is probably a better option.
Universal life can be used for financial emergencies, long term care needs, and other. Between paying for the insurance coverage. How universal life insurance works.
Instead, the financial value of the index.
As a general rule most universal life insurance policies are not nearly as good as insurance agents make them out to be. Just remember that your interest crediting moves with the specific index that your policy is attached to. Learn how it works and who might choose to purchase it. What is universal life insurance?