5 alternatives to Indexed Universal Life insurance

July 26, 2016 by STEPHAN R. LEIMBERG, ROBERT J. DOYLE, JR., KEITH A. BUCK

Insurers and policyowners can configure an Indexed Universal Life (IUL) policy’s premium payments and death benefits to resemble virtually any type of life insurance policy, from annually-renewable term to single premium whole life.

Consequently, any other type of policy that meets a policyowner’s needs is a suitable, and perhaps preferable alternative if the policyowner does not need the IUL’s flexibility or equity indexing feature.

However, a number of other types of policies or strategies offer some of the features of UL and not others, if policyowners desire only certain features. Click HERE to read more… LifeHealthPro articles may require a free registration to view 

Originally Posted at LifeHealthPro on July 24, 2016 by STEPHAN R. LEIMBERG, ROBERT J. DOYLE, JR., KEITH A. BUCK.