IUL is a type of life insurance lifetime but is designed to be flexible and attached to the performance of the market index financial, the most common is S&P 500. This helps participants had the lifelong protection, just have the opportunity cumulative contract value according to the growth of the market.

Special points of IUL is flexibility: participants may adjust premiums and death benefit (death benefit) in the course of the contract, in accordance with the change in income and financial needs at each life stage. In addition, the surrender value (cash value) can be used to borrow or withdraw when needed, similar to Whole life, but the potential profits are often higher due to the index-linked market.

Outstanding advantages:

• Protection lifetimecreate opportunities accumulation and profitability.

• Flexible: adjust premiums and death benefit according to your needs.

• High potential returns than Whole life, thanks to its association with growth, the market index.

• Mechanisms risk limits (floor)often guaranteed minimum interest rate (for example 0%), help protect the value of the contract when the market fell sharply.

Restrictions:

• Free higher Term life and can be more complex Whole life.

• The rate of profit depends on the market, there should be fluctuations.

• Need to track and manage contracts regularly for optimum efficiency.

IUL is suitable for those who want to just have life insurance lifetimejust have the opportunity financial growth, market-based, and is ready to accept the certain risk in exchange for potential profits higher.