IULs

Indexed Universal Life (IUL) insurance is a type of permanent life insurance that offers both a death benefit and a cash value component that can grow based on stock market performance. Unlike annuities, which focus primarily on income during retirement, an IUL provides financial protection for your loved ones while also building cash value over time.

How It Works:
You pay premiums into the policy.
A portion of your payment covers life insurance costs, while the rest goes into a cash value account.
The cash value earns interest based on the performance of a stock market index (like the S&P 500), but with protection against market downturns through a guaranteed minimum interest rate.
You can access the cash value through loans or withdrawals for retirement, emergencies, or other financial needs.