Indexed Universal Life insurance (IUL) policies are relatively new. As their name implies, their earnings potential is tied to an equity index. This gives the IUL cash accumulations the potential to earn higher returns if the market performs well. The potential for higher returns than traditional whole life insurance guaranteed cash value accumulations is because the credited interest is based on the performance of an equity index, such as the S&P 500.
Living Benefits Life Insurance
Use Life Insurance to receive payments prior to death such as a critical illness or potentailly tax free retirement income.