These complex products tie cash value growth to the performance of an index, but it’s important to understand the limitations ...

Whole life and universal life are both types of permanent life insurance, but there are key differences when it comes to cost, benefits and policy requirements. To help you learn about what sets them ...

What Is Universal Life Insurance? Universal life insurance offers permanent coverage with a unique twist—flexibility. Unlike other policies that lock you into fixed premiums and set death benefits, ...

We analyzed universal life insurance policy fees, cash value growth, the reliability of policy illustrations and more Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Indexed universal life is a lot of things, depending on who you are talking to. An indexed universal life insurance policy is a multipurpose product that helps beneficiaries accomplish a variety of ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. If you’re in the market for a life ...

Indexed universal life insurance offers flexibility in premium payments and the ability to adjust the death benefit. IUL policies include a minimum guaranteed crediting rate, or interest rate, which ...

Indexed universal life (IUL) insurance combines life insurance coverage with the opportunity to accumulate cash value linked to the performance of a stock market index, such as the S&P 500. Investors ...