Indexed universal insurance offers flexibility and will offer you higher interest rates than other forms of life assurance. If you’re comfortable with the risks and need to move within the management of your insurance, this might be a pleasant fit.
You can have control over your benefits and payments. You'll increase or decrease payments, reckoning on your need for the benefits, the expansion of your brokerage account and your financial situation.
The accounts build up when the market grows, which growth is usually gathered tax free. Because the market can outperform interest rates in other varieties of policy accounts, Index Universal Life policyholders offer the potential to extend account values faster.