Key Points ・Indexed Universal Life (IUL) combines permanent life insurance with a cash-value account tied to a stock market ...

A $1 million policy might be more affordable than you think.

Final expense life insurance is a type of policy geared to cover specific expenses in the event of the death of the insured.

Indexed universal life insurance is a type of UL that has flexible premiums and death benefits. The cash value grows based on a portion of an index’s returns, and the policies have a floor, so the ...