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The Swiss Army Knife of IUL

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If you have a Swiss Army Knife, you know how difficult it is to get along without it. It’s like having a whole toolbox in your pocket.  
It’s the same with indexed universal life insurance (IUL) or equity indexed universal life insurance (EIUL). This is a type of permanent life insurance that features all the benefits of the traditional universal life insurance but with accrued values that are tied to a stock market index. Policyholders are offered the opportunity to reap the benefits of stock market gains, while enjoying the protection of the policy’s guaranteed minimum interest rates should the stock market drop. Click here to read full article.
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