Index Universal Life Insurance

Indexed universal life (IUL) insurance allows the owner to allocate cash value amounts to either a fixed account or an equity index account. … IUL insurance policies offer tax-deferred cash accumulation for retirement while maintaining a death benefit.

Indexed universal life insurance, or IUL, is a type of universal life insurance, which means it has a cash value component in addition to a death benefit. Rather than growing based on a fixed interest rate, it’s tied to the performance of a market index, like the S&P 500. Unlike investing directly in an index fund, however, you won’t lose money when the market has a downturn. Indexed universal life (IUL) insurance allows the owner to allocate cash value amounts to either a fixed account or an equity index account. … IUL insurance policies offer tax-deferred cash accumulation for retirement while maintaining a death benefit.