Key details about indexed universal life (IUL) insurance
A "cap rate" limits how much upside you can earn even in a strong market year (for example, a 10% cap means you're credited a maximum of 10% even if the index gained 20%), while a "floor," typically 0%, protects your cash value from losing money in years the index declines.
Want an answer specific to your situation? A licensed agent can walk through your options by phone.
Call (844) 658-4509Because of caps, participation rates, and fees, actual IUL returns are often lower than the headline index performance suggests, so it's important to review illustrations carefully and understand these mechanics with an agent before buying.