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An Indexed Universal Life (IUL) policy is a type of permanent life insurance that offers a tax-free death benefit alongside a cash value component. What distinguishes an IUL is that its cash value growth is tied to the performance of a major stock market index (like the S&P 500) rather than a low, fixed interest rate
An Indexed Universal Life (IUL) policy is a type of permanent life insurance that offers a tax-free death benefit alongside a cash value component. What distinguishes an IUL is that its cash value growth is tied to the performance of a major stock market index (like the S&P 500) rather than a low, fixed interest rate