What is indexed universal life insurance?

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Universal life insurance (often shortened to UL) is a type of permanent life insurance, primarily in the United States of America. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy.

The cash value of the policy can have a minimum fixed rate, or often equity indexed. 

Many companies are also often additional rider or benefits to these policies for things like Long Term Care, Lifetime Income, Critical Illness or Injury, as well as Chronic Illnesses.

I’ve found these policies to be useful for people who make too much for a regular ROTH IRA, and can build to function like a “Rich People ROTH.(click here to read full article from Financial Planner LA)

People often claim that these policies are more expensive than term, over the long term they can actually end up being cheaper, with a great chance of actually getting some type of benefit from the policy.

For more Life Insurance information click here:

Yours in Success,

By David Rae, Certified Financial Planner™, Accredited Investment Fiduciary™


Securities and advisory services offered through National Planning Corporation (NPC), Member FINRA, SIPC, a Registered Investment Advisor. Trilogy Capital Trilogy Financial and NPC are separate and unrelated entities.  The opinions voiced in this article are for general information only and do not constitute an endorsement by NPC. NPC does not provide tax advice. Financial Planner LA Blog


July 2016
July 2009