Indexed Universal Life Insurance (IUL): How it Works and What You Need to Know
\U0001f5deEverything you need to know, and probably more than you\u2019ll ever need to know, about Indexed Universal Life Insurance (IUL). Universal Life Insurance has been promoted since the 1970\u2019s. IUL insurance is even more recent, but still based on the same idea of buying term insurance and investing the difference.
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If you like risk, fees, a possibility of greater gain when the market goes up (never when it goes down), an ever increasing cost of insurance, and a thick contract that obviously protects the insurance company over the policy owner\u2026you might want IUL.
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Yes, we\u2019re biased toward good traditional Whole Life insurance, and you\u2019ll understand why as you listen. Complexity is not your friend when it comes to IUL.
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Resources:
If you already have an IUL policy contact Life Benefits for a review: 702-660-7000
How Indexed Universal Life Insurance Works:\xa0https://www.life-benefits.com/how-indexed-universal-life-insurance-works-iul/