Indexed Universal Life — lifelong protection with growth potential

Like other permanent life insurance, an IUL pays a tax-free death benefit to your beneficiaries no matter when you pass away — as long as the policy stays in force. What makes it different is how the cash value grows.

Index-linked growth

Instead of a fixed interest rate, the cash value is credited based on the performance of a market index. In years the index rises, your cash value can grow. In years it falls, a 0% floor typically means your cash value doesn't lose ground from index performance — though policy charges still apply.

Caps and participation rates

Carriers set a cap (the maximum gain credited in a year) and a participation rate (the share of the index's gain you receive). These vary by company and by product, which is why comparing offers matters.

Flexible premiums

Within limits, you can pay more when money is plentiful and less when it isn't. That flexibility is one of the main reasons people choose IUL over a fixed whole life policy.

An IUL is not a substitute for retirement investments, and it's not right for everyone. We walk you through the mechanics, the fees, the guarantees and the assumptions — then let you decide, with no pressure.