Summerlin Benefits Consulting Q&AAnswer
Oct 29, 2024 - 10:03 AM
The cash value in Fixed Indexed Universal Life (FIUL) insurance grows based on a stock market index (e.g., S&P 500) performance but is protected from losses by a "floor," meaning it doesn’t decrease in market downturns. This cash value grows tax-deferred and can be accessed tax-free, offering potential for higher growth than traditional whole life policies, making FIUL a solid long-term investment with both flexible premiums and a death benefit for young adults.
Source: summerlinbenefitsconsulting.com/is-fixed-indexed-universal-life-insurance-a-sma
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