View 10 Indexed Universal Life Insurance Policy Target Background
View 10 Indexed Universal Life Insurance Policy Target
Background. This allows the cash value of your policy to grow when certain stock market indexes are. People often consider indexed universal life, a type of permanent* life insurance, when they're looking for the potential of cash value in addition to life.
Lets you take cash this growth is generally guaranteed in a whole life policy and based on the interest rate offered by the insurance company in a universal life policy.
Universal life insurance offers permanent coverage, similar to whole life insurance, but has better rates and the opportunity to not pay premiums if your cash value performs well. How universal life insurance works. Learn more about variable, guaranteed and indexed universal life insurance policies. However, as with any investment, it has both pros and cons.