Indexed Universal Life 101

An Indexed Universal Life (IUL) insurance policy is a powerful way to protect your family while also building long-term savings. Unlike traditional life insurance, an IUL grows cash value that is tied to the performance of a stock market index, giving you the chance to earn more while still being protected from market losses. You can also adjust how much you pay into it over time, making it flexible as your life and income change. The money inside your policy grows tax-deferred and can often be accessed tax-free to use for things like retirement, big purchases, or emergencies. Many IULs also include living benefits, giving you access to funds if you face a serious illness. At the same time, the policy guarantees your loved ones receive a tax-free death benefit. With its mix of protection, flexibility, and financial growth, an IUL can be a smart way to plan for both today and the future.