Exploring the Basics of Indexed Universal Life (IUL) Insurance
When it comes to planning for the future, financial tools like Indexed Universal Life (IUL) insurance policies can offer a unique blend of benefits. Let’s break down some everyday facts and advantages of IUL:
•What It Is: IUL is a type of life insurance that adds a twist — it has a savings component. Think of it as a two-in-one deal — life insurance plus a way to potentially grow your money.
•What It Does: Your savings in an IUL can grow based on how well certain parts of the stock market perfor
•What It Is: IUL is a type of life insurance that adds a twist — it has a savings component. Think of it as a two-in-one deal — life insurance plus a way to potentially grow your money.
•What It Does: Your savings in an IUL can grow based on how well certain parts of the stock market perfor