Indexed universal life

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Indexed universal life (often shortened to IUL) is a type of universal life insurance product that offers a death benefit coupled with a cash account that can be used to pay policy premiums or take withdrawals and loans.[1] Indexed life usually provides a floor of 0%, but offers higher upside interest crediting based on the performance of an outside stock index such as the S&P 500 Index. Indexed life insurance is a moderately conservative interest-sensitive life insurance product.[2][3]


  1. ^ Iacurci, Greg. "Indexed universal life insurance sales continue hot streak".
  2. ^ November 11, George Chambers; AM, 2014 at 08:05. "How to use an IUL as tax-free retirement savings strategy". ThinkAdvisor.
  3. ^ Powers, Stephanie. "Indexed Universal Life Insurance". Investopedia.