Key details about indexed universal life (IUL) insurance
IUL policies typically include a "cap" (a maximum credited return) and a "floor" (often 0%), meaning index credits can grow your cash value when the index performs well, while a negative index period credits no less than the floor. Policy charges are still deducted, so cash value can decline even when the floor applies.
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Call (844) 658-4509Premiums and death benefits on an IUL policy also offer more flexibility than traditional whole life insurance, allowing you to adjust payments within certain limits as your financial situation changes.