Indexed Universal Life Insurance
A universal life variation tied to a market index.
A variation of universal life insurance policies, an indexed universal policy has the same characteristics of variable premiums and the option to choose to have the cash value pay them. However, the cash value grows and shrinks with an underlying investment index such as the S&P 500.
This presents a bit more risk than the universal life policy because it relies on index investing, and there is always the risk of loss.
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Phone: (904) 834-9048