View 10 Advantages Of Indexed Universal Life Insurance Wallpaper
View 10 Advantages Of Indexed Universal Life Insurance Wallpaper. It's a way to protect your family. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.
Its cash value is invested in indexed stocks and options, which comes with some risk. If you're comfortable with the risks and want to be active in the management of your insurance, this could be a nice fit. How to use life insurance cash value.
Unlike term life insurance, a universal life insurance policy never expires, and since it is linked to a market index, its benefit amount has the potential to grow.
What is a universal life insurance policy? What is universal life insurance? Life insurance is a fairly simple concept: If considering permanent life insurance, take a look at indexed universal life insurance.