Indexed universal life insurance (IUL) is a type of permanent life insurance designed for people who want lifelong coverage, adjustable premium payments and the ability to choose how their policy’s ...

Whole life and universal life are both types of permanent life insurance, but there are key differences when it comes to cost, benefits and policy requirements. To help you learn about what sets them ...

For certain clients, the strategy can preserve assets for heirs by converting taxable registered assets into a more predictable tax-free inheritance ...

Indexed Universal Life (IUL) attracts its share of criticism. Most naysayers focus their disapproval on how IU is sold rather than the structure of the IUL policy. Yet, soon, I foresee a dramatic ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Understanding the basics of how life insurance works can go a long way toward helping you make a good decision about what type of life insurance to buy. Written By Written by Insurance Senior Editor, ...

Indexed universal life insurance offers flexibility in premium payments and the ability to adjust the death benefit. IUL policies include a minimum guaranteed crediting rate, or interest rate, which ...

No one likes to think about the day when they or their loved ones will die, but it’s an important part of your finances. Life insurance can help to ease any concerns about what will happen financially ...