Indexed Universal Life Insurance Pros and Cons

There are several indexed universal life pros and cons to consider before you make a life insurance purchase. Indexed universal life (IUL) policies have the benefit of a faster-growing cash account and tax advantages, but do carry some risk and become more costly over time. IUL insurance policies have an investment aspect that may be right for some people and can provide income while you are alive.

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UPDATED: Jun 1, 2022

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