Choose Wisely Guaranteed vs Indexed Life Fortune Awaits
Exploring Indexed Life Insurance
On the other hand, indexed life insurance, such as Indexed Universal Life (IUL) policies, offers a more dynamic approach. These policies tie the cash value component to a stock market index, like the S&P 500, allowing for potentially higher returns compared to traditional whole life policies. While the growth potential is greater, it also comes with more variability and risk, as returns are subject to market performance. However, many IUL policies include a floor, which protects against loss during market downturns2.