Life insurance can do more than just provide a death benefit. Indexed Universal Life, or IUL, combines lifelong protection with the ability to build cash value linked to a stock market index, giving you the potential for growth without putting your money directly at risk in the market.

An IUL policy provides permanent coverage, meaning it lasts your entire life as long as you keep it in force. Part of your premium goes toward the cost of insurance, while the rest goes into a cash value account that earns interest based on the performance of a chosen market index. You can adjust your premiums and death benefit over time, and the cash value grows tax-deferred.

People choose IUL because it offers flexibility, tax advantages, and the opportunity to create a source of tax-free retirement income. It’s a way to protect your family while building long-term financial security.

John and Emily, both in their 40s, wanted life insurance but also a way to grow money for the future. They started an IUL with a $250,000 death benefit and made extra contributions to build the cash value. Now, their policy is on track to provide over $30,000 a year in tax-free retirement income, all while keeping their family protected.

An IUL can be a powerful financial tool for those who want lifelong coverage and the ability to grow wealth at the same time.