Are you considering getting an indexed universal life insurance policy but unsure of where to start? In this comprehensive guide, we’ll walk you through everything you need to know about indexed universal life insurance policies. What is Indexed Universal Life Insurance ? Let’s define what an indexed universal life insurance policy is. It is a type of permanent life insurance that combines a death benefit with a savings account that can accumulate cash value over time. The interest credited to the policy's cash value is linked to a specific stock market index, such as the S&P 500. This means that if the index performs well, the policyholder can receive a higher interest rate. The Main Advantage of IULs One of the main advantages of indexed universal life insurance policies is…