indexed universal life (IUL) insurance includes a death benefit and a cash value component. However, instead of earning interest at a fixed rate, the funds in the cash value account are tied to a ...

Pacific Life stands out for having both indexed and variable universal life insurance ... In many cases, these funds are intended to replace the income lost by your passing — to cover everything ...

Universal savings accounts are exactly like that, but without the catch. You would open them up at your bank and you'd be able to save money for whatever priorities you have in your life without ...

Indexed Universal Life Insurance products are not an investment in the “market” or in the applicable index and are subject to all policy fees and charges normally associated with most ...

For example, Pacific Horizon IUL is indexed universal life insurance with a flexible premium. It includes a fixed account with a 0.5% guaranteed minimum interest rate. For people seeking more ...

Some insurers also place the cash value in a fixed account unless you instruct otherwise. The list of indexed universal life insurance pros and cons is extensive. Here’s what to consider.

Those with complex financial goals may be drawn to universal life insurance as it offers financial protection and can grow and diversify your assets. Most importantly, buyers who are worried about ...