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Does an Index Universal Life Insurance Policy Give You Both Security and Growth?

An IUL policy is a plan that protects your life and also allows your money to grow through the market. However, before purchasing a policy, always consult a certified insurance expert and understand the terms & fees.

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Does an Index Universal Life Insurance Policy Give You Both Security and Growth?

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  1. Does an Index Universal Life Insurance Policy Give You Both Security and Growth? Nowadays, everyone wants their future to be secure. We all want a plan that protects life as well as grows investments. But it is difficult to get both these things together. Meanwhile, the solution to this problem is an index universal life insurance policy. IUL is a permanent life insurance with two major benefits: life insurance coverage and cash value growth. How Does IUL Provide Security? ●Life Cover: The Family gets financial help after death ●Cash Value Growth: Returns linked to the market index ●Under Specific Rules: You can access your funds without owing any taxes on the amount you take out ●Long-term Planning: Backup for emergency How To Get Growth From IUL Insurance? ●Market Index-linked Returns: Growth is achieved by market performance ●Downside Protection:No matter how low the market goes, your investment doesn’t shrink ●Tax-deferred Growth: Money grows tax-free An IUL policy is a plan that protects your life and also allows your money to grow through the market. However, before purchasing a policy, always consult a certified insurance expert and understand the terms & fees.

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