Universal life insurance is a permanent insurance you pay for throughout your life. It offers long-term coverage and can increase in value over time. Indexed universal life insurance falls under the ...

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Indexed universal life (IUL) insurance policies that combine a death benefit with a savings account have become popular with retirement savers looking to balance life insurance protection with growth.

Indexed universal life insurance offers flexibility in premium payments and the ability to adjust the death benefit. IUL policies include a minimum guaranteed crediting rate, or interest rate, which ...