What is indexed universal life insurance (IUL)?
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YouTubeJosh Duncan, CFP®
What is indexed universal life insurance (IUL)?
Indexed Universal Life insurance, often called IUL, is a type of life insurance policy with cash value growth tied in some way to a market index like the S&P 500. But here is what many people misunderstand: You are not directly investing in the stock market. You do not own the stocks inside the index. You do not receive dividends. And you ...
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